Chartered tax adviser and accountant Ray answers some key questions about landlord tax responsibilities, and gives advice for submitting tax returns.
On a quest to make rental property income tax a little less daunting for landlords, members of the Simply Business team headed to the London offices of accountancy practice Coman & Co. We interviewed the company’s director Ray Coman, a chartered accountant and tax adviser with over ten years of experience in commercially-led tax advice. In the video interview, Ray tells us about tax responsibilities for a landlord, when and how to submit your tax return, and how to make sure you don’t pay more tax than you need to by knowing which expenses are deductible. He also discusses the services that can be provided to landlords by an accountant and the differences in terms of tax between letting a commercial and a residential property.
18 March 2020 • 4-minute read
With information on the coronavirus (Covid-19) outbreak changing almost hour by hour, it’s hard to figure out what support is available to…
12 March 2020 • 2-minute read
Chancellor Rishi Sunak announced the first UK Budget since October 2018 amid continuing political and economic uncertainty. Here’s the key…
6th Floor99 Gresham StreetLondonEC2V 7NG
Sol House29 St Katherine's StreetNorthamptonNN1 2QZ
© Copyright 2020 Simply Business. All Rights Reserved. Simply Business is a trading name of Xbridge Limited which is authorised and regulated by the Financial Conduct Authority (Financial Services Registration No: 313348). Xbridge Limited (No: 3967717) has its registered office at 6th Floor, 99 Gresham Street, London, EC2V 7NG.