Author: Shaz Nawaz

Purchasing a property is a complex matter as is without someone else tagging along. If you decide that to buy a house with another person, then you should consider how to protect your share. Fortunately, there is a way to do so legally. This guide will cover every detail about the Deed of Trust rental […]

The probability of needing more assistance with everyday activities and personal care increases with age. Often, this is difficult to manage at home. Under such circumstances, a care home is a reasonably good option. These homes provide people with the support that they require daily. Moreover, there are various types of care homes in the […]

As a property owner, you should know how to take full advantage of all available tax reliefs. Otherwise, you end up paying a lot. Most property owners pay a hefty sum of tax because they do not take professional tax advice. When it comes to CGT on Buy-to-Let, is it possible to avoid it? First, […]

When you decide to invest in a property, you must survey it properly. You must do so to make sure there are no issues with the structure or any other cause for concern. There are certain standards that property owners must maintain so that the house is fit to live in. Otherwise, it is unlikely […]

Undoubtedly, tax implications are complex. When it comes to declaring your Capital Gains Tax (CGT) for HMRC, you must know how to proceed. Also, you should know there are consequences if you fail to do so. Correctly reporting your Capital Gains Tax (CGT) and losses is important. There are certain exemptions and ways to reduce […]

As a property investor, you need to understand how tax applies to your rental income. Usually, you must complete a self-assessment tax return yearly. It is important to declare your rental income to HMRC. Otherwise, you will face consequences such as penalties. Before you submit your tax return, you must make sure that it includes […]

You can easily gift money to your family and l loved ones in the UK. However, you need to keep in mind that inheritance tax can apply to certain monetary gifts. It is important to understand the tax rules regarding giving and receiving gifts for your family. This guide covers everything you need to know. […]

You can create an additional income stream by investing in property. While it is a lucrative endeavour, it also means that you must declare the earnings you receive from renting out your property. What happens when you fail to do so? How can the HMRC know that you have undeclared rental income? This guide will […]

When investing in property, one must know the pros and cons of the type of property. You should make sure you know exactly what you are getting into before you decide. It depends on your goals and budget. Which means that what is best for other may not be best for you. When thinking about […]

It is important to know how much debts you owe to HMRC. They will chase you for repayment of those debts. Those debts can exist because of missed tax credit payments or any outstanding amount you owe. HMRC can even take you to court if you owe them money. Which leads to you owing them […]