The UK Non-Resident Landlord (NRL) Scheme requires landlords residing outside the UK but earning rental income from UK properties to follow specific tax procedures. Under this scheme, letting agents or tenants who pay rent directly to a non-resident landlord must...
UK Non-Resident Landlord Scheme

UK Non-Resident Landlord Scheme

UK Non-Resident Landlord Scheme The UK Non-Resident Landlord (NRL) Scheme requires landlords residing outside the UK but earning rental income from UK properties to follow specific tax procedures. Under this scheme, letting agents or tenants who pay rent directly to a...
VAT Registration Estimator

VAT Registration Estimator

VAT Registration Estimator HM Revenue and Customs (HMRC) has rolled out a new digital tool to help businesses figure out what registering for VAT might mean for them. The VAT Registration Estimator was created after small businesses said they’d find an online tool...
Second Payment Deadline

Second Payment Deadline

Second Payment Deadline HMRC deadlines can be quite confusing sometimes, and we would like to remind everywhere that if you’re making advance payments towards your tax you owe. Advance payments are called payments on account. You have to make 2 payments on...
HMRC Rental Income Investigations

HMRC Rental Income Investigations

HMRC Rental Income Investigations Recently, we have been hearing from our new and existing clients about letters they received from HMRC to investigate if they have been getting property income without declaring. HMRC currently employs a system to investigate rental...