News & Events
As the pandemic continues to impact our way of life, it’s never been so important to manage finances and plan ahead. Understanding the latest tax changes and how they will affect you can be hard to get your head around, especially with everything going on.
Following the onset of COVID-19 and the national lockdown restrictions which it led to, one area which has seen numerous changes brought into effect is that of the landlord-tenant sphere.
If you have income from being a self-employed landlord in the 19/20 tax year you are due to submit your self-assessment tax return – however, have you taken a sigh of relief and welcomed the news of no penalties for filing late or are you one of the millions yet to file your self-assessment due to being adversely affected by coronavirus?
The government has set out details of its new Debt Respite Scheme – also known as Breathing Space – which is due to come into force on the 4th May 2021
Electrical Installation Condition Reports (EICR’s), the deadline for all rental properties to have completed these checks is still currently 1st April 2021.
This Bill is the one which will include measures to abolish Section 21 rights for landlords and their agents, and will introduce so-called lifelong deposits which can ‘shift’ from one property to another, preventing the need for tenants to raise brand new deposits each time they move.
Changes to Stamp Duty – Green Recovery Incentive - £2 Billion jobs package for young people - Cut in the rate of VAT Please see the summary of New Measures below: • Housing – Stamp Duty Cut from...
Our office on New Hall Lane, Bolton is staffed by our friendly and experienced team; Nicola and Amy are available to answer all of your questions, provide help and advise on legal procedures and communicate all relevant information to our members. We look forward to hearing from you soon.