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.
We create this content for general information purposes and it should not be taken as advice. Always take professional advice. Read our full disclaimer
22 June 2020 • 9-minute read
How to start a clothing business. It can be an all-consuming process but with that first sample run and customer sale comes great…
6th Floor99 Gresham StreetLondonEC2V 7NG
Sol House29 St Katherine's StreetNorthamptonNN1 2QZ
© Copyright 2021 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.