Dilapidation Receipts – Income or Capital?

Some tenants treat your property with great care, but some don't, and as the landlord you may be entitled to receive dilapidation payments from the tenant. Given the recent changes to the way that property income and expenditure are treated in your tax return it is extremely important to establish whether this payment is treated as … Continue reading Dilapidation Receipts – Income or Capital?

Presentation to Progressive Property Network – Derby on 9th May 2017

The presentation given by Milestone Management Solutions Ltd.'s MD Tony Miles to address the recent changes to property taxation and what it means to you sole Trader and Partnership Property Investors. Personal Tax The current Personal Tax rates are: - Personal Allowance increased to £11,500 – 0% rate - Basic rate limit increased to £45,000 … Continue reading Presentation to Progressive Property Network – Derby on 9th May 2017

Have your say about the raise in national insurance charges on the self-employed.

I received this letter today from the FSB Policy Director and small business owner, Martin McTague and thought that you would find it interesting and may want to hav your say. As a small business owner and FSB Policy Director, I was extremely disappointed by the Chancellor's announcement on Wednesday to raise the class four national … Continue reading Have your say about the raise in national insurance charges on the self-employed.

Budget relief on rates but a tax grab on the self-employed

Extra help for those worst affected by changes in business rates  welcomed by the Federation of Small Businesses (FSB). But many hard-working self-employed people hit with a tax grab in today’s Budget. Mike Cherry, FSB National Chairman, gives his assessment on the main Budget announcements: “FSB welcomes the fact that the Chancellor has listened to … Continue reading Budget relief on rates but a tax grab on the self-employed