Have you recently received a letter from HMRC about undeclared rental income? If so you will have 30 days to respond to this! Don’t panic, we help lots of landlords to declare their rental income from previous years. We will reduce the amount of tax owed to as little as possible! If you need our…Details
HMRC continue to follow up on landlords who are not declaring their rental property. This year we have already had several enquiries from landlords who have received a letter from HMRC about their missing income! If you receive a letter you only have 30 days to reply to their letter. If you know any landlords…Details
Recently we were described as “marvellous” by a landlord who hadn’t declared their rental income. They initially thought they would owe £10,000 in tax. We got this reduced to just over £100!
If you are a landlord who needs to declare previous rental income, contact us on 01752 344582 or email firstname.lastname@example.org.
In a recent presentation to Nikki Keen at a Plympton Chamber of Commerce event, we donated £500 to St Luke’s Hospice! Here at Marslands we care about our local community. For every new client we donate £25 into our community! The charities we support are St Luke’s Hospice and SSAFA who we have raised over…Details
You could be a landlord even if you don’t think of yourself as one! This could be because you’ve: Inherited a property, rented out a flat to cover mortgage payments or moved in with someone and need to rent out your house. There are many different examples of how you may be a landlord. This…Details
From September 2017, HMRC will make it a requirement for all businesses using their online tax accounts to register for 2 Step Verification (2SV). This will ensure greater security for customers when using HMRC’s online services. From September, as well as a User ID or password, something you ‘have’ will be added in such as…Details
A property landlord who failed to declare Capital Gains Tax from the sale of properties evading £157,725 has been jailed for two years and three months. An investigation by HMRC revealed that between 2006 and 2013, the landlord did not declare profit gained from selling properties. Capital gains tax is an area where HMRC are…Details
HMRC have just launched a new online tax forum and dedicated web chat service for small businesses and the self-employed. The new forum is a quick and easy way for small businesses to get answers to their tax questions. The forum can also help with; starting a business; support for growing a business; buying and…Details
The Supreme Court ruled last week that the Government had been acting unlawfully when it introduced tribunal fees four years ago. As a result, the controversial fees have been scrapped meaning that anyone who has been treated illegally or unfairly at work will no longer have to pay to take their employers to court. The…Details
HMRC has today announced significant changes to the roll-out of its Making Tax Digital scheme, which was due to go live from April 2018. The scope and timetable have now been pared back following feedback and concerns about the broad scope and short timescales from parliamentary bodies, businesses, the accounting profession and software companies, including…Details
Be aware of a new phishing scam that is currently going around. If you get an email with the subject ‘Your 2016 Tax Report’ with an attachment, make sure you do not open it.
If you receive an email like this, forward it to email@example.com and then delete it.