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Autumn Statement 2016

Posted by WebBoss Design on 16th October 2018 in Blogging |
...rges from letting agents as they will be unable to charge the tenant for example when they sign a new tenancy agreement.   National Savings and Investment A new investment bond is to become available from spring 2017. With savers being hit by poor interest rates for a number of year the new bond is to offer an indicative rate of 2.2 per cent. It will be available to those aged 16 or above and will allow the flexibility to put away between £100 and £3,000.   Insurance Premium Tax Insurance premium tax is set to rise from June 2017 to 12 percent, the government say IPT is a tax on insurers and it is up to them if the costs are passed onto customers by i...

HMRC Get Access to Airbnb Data

Posted by shaun crozier on 29th October 2020 in Blogging | taxadvice,letting,rentalincome,tax,hmrc
...Earlier this month Airbnb announced that they will be providing HMRC with details of all UK residents who rent out properties through their platform.This is being backdated to the 2017/18 tax year and will include full details of the landlord together with the income received, it will include both UK properties and those abroad. So very soon HMRC will be able to check all this data against all UK taxpayers, they are going to find some that have not declared all/part of this income....