Published 22nd February 2013; Updated April 2021 So just how much will you have to pay? It used to be the case that it didn’t matter if you filed your Tax Return late if there was no tax to pay because the penalty could not exceed the tax due. No longer such luxury. Now whether […]
Category: Tax
Tax accountants for UK landlords: we deal with taxation for landlords in the UK. How is the tax on your property rental income worked out? UK based accountants will calculate your UK tax liability. Contact us today: info@landlordstax.co.uk
British and own property in the EU? Read this
Published 19th December 2019; Updated April 2021 UK based owners of property situated in the EU may pay higher taxes after Brexit Several EU countries charge higher rates of tax to non-EU residents and after Brexit everyone living in the UK is in that category. For example, the Spanish rate of Income Tax on rentals jumped […]
Don’t pay twice: an introduction to Tax Treaties
Published 18th February 2019; Updated 24th April 2024 Relief for UK tax paid – an introduction to Tax Treaties and Double Taxation Conventions and how they can help you The UK has entered into a Tax Treaty with over 130 countries. The Tax Treaty between the UK and another country gives us guidance as to […]
Too late? HMRC may not refund you
If you are due a tax refund from HMRC because of an overpayment you have made to them, don’t leave it too late to claim your money back: HMRC may not refund you! HMRC says the taxpayer must make the overpayment relief claim within four years of the end of the relevant tax year or […]
Emails offering tax refunds are fraudulent
The email you have received purporting to be from HMRC owing you a tax refund is a scam. Many clients ask us about emails they have received offering refunds of tax. They are all fraudulent scams. HMRC only informs you about tax refunds through the post or through your pay via your employer. All emails, […]