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News & Insights
Save Tax: Adjusting the Split of Property Income Between Couples
The Income Tax Act 2007 (section 836) allows for income from properties that are jointly owned by married couples or civil partners that live together, to be legally split 50/50. However, whilst most landlords are aware that income can be shared equally by married couples for tax purposes, we receive many phone calls at Less Tax 4 Landlords from landlords who are not aware of the possibility to make changes to this arrangement.
Action needed to tackle supply crisis
As the national press reminds us daily, the cost-of-living crisis is likely to be the UK's dominant political issue of the year. Industry and households alike have been hit by the impact of inflation, and the private rented sector (PRS) is no exception.
Renting Homes Wales: Secondary legislation announced
New secondary legislation has been released by the Welsh Government in preparation for the introduction of the Renting Homes (Wales) Act in December. Most of these changes are minor adjustments to allow for existing legislation to continue. Our policy manager James Wood takes a look at the changes.
Energy Efficiency, Minimum Standards and Inefficient Housing Stock: What Landlords can do to Prepare for MEES
How can Britain become more energy efficient? It's certainly a question which outfoxed many a minister throughout the 1970s. In a decade when TV broadcasts would break down on a regular basis due to the energy supply crisis, the UK became used to a state of permanent energy instability.
Limited Company Structure Offers Landlords Protection Against Inflation
There are few bigger concerns for people in the UK currently than inflation. The latest figures from the Office for National Statistics (ONS) show that inflation now sits at 9%, its highest point in four decades, with warnings that it is only likely to increase further. GetGround explains how a limited company structure for your lettings business can help.