Autumn Statement 2016 – RITA4Rent’s View

Philip Hammond has just delivered his first Autumn Statement, giving us a good idea of the shape of things to come.  RITA4Rent are blogging today with their rough initial thoughts and notes.   A lot of landlords were clinging on to the pipe dream today that Section 24 would be reversed or watered down, especially

The Unreported Dangers of Clause 24

Today, RITA4Rent wish to criticise the Clause 24 changes, not least for the common reasons, but also for those unreported dangers we hope to raise awareness on. Whilst everyone has been focusing on the additional tax that may be payable following the changes to finance costs claims, better known as Clause 24, there is something

RITA4Rent Latest News – Weekly Round Up 13 May 2016

It has been a busy week, and we round up the week’s property news in today’s blog. It feels as if you cannot avoid the EU referendum in the news these days, with the big day only just over a month away now.  Whilst we have been promised a consultation on the Government’s so called

RITA4Rent Latest News – 29 April 2016

Falling house prices dominated a lot of today’s papers, with the Telegraph, Independent, Evening Standard and the Daily Mirror reporting on the latest Land Registry data. Of course, part of this may be attributed to stamp duty changes and market confidence.  The latest Land Registry data for March 2016 has indicated falling house prices in

RITA4Rent Latest News – 28 April 2016

As you are probably no doubt aware, the new stamp duty rules are in force, meaning huge numbers of buy to let investors will face an additional 3% surcharge on their purchases.  This is the latest in a vast array of measures introduced by the government, attacking landlords and property investors.  It follows the changes

Today only! RLA Membership half price!

It’s Black Friday! Our partners, the RLA, the UK’s fastest growing national association for landlords, are offering all landlords 50% off membership today.   Membership includes: • Unlimited on-demand phone support with the Landlord Advice Team • The best deposit protection rates on the market with DepositGuard • Regular industry updates and bi-monthly magazine subscription

Big Increase In Tax Collected under HMRC Let Property Campaign

We have recently reported that the HMRC Let Property Campaign was set to intensify, and this has been recently proved by the latest results from HM Revenue and Customs. As at 30th October 2014, just £7.8m had been recouped, but just three months later, as at 31st January 2015, this figure has significantly risen to

A Reminder – LESA

Today RITA4Rent, property tax specialists, are blogging with a brief reminder that the Landlord’s Energy Savings Allowance is nearing the end, and the costs must be incurred before 1 April 2015. You may be able claim up to £1,500 per property, and thus, if you hold a number of properties with relevant expenditure, then the

Let Property Campaign Client Testimonial February 2015

Here at RITA4Rent, we recently received a very kind testimonial, from a client we assisted from beginning to end with regards the HMRC Let Property Campaign. As well as guiding our client through the entire process from notification right through to final disclosure, we also generated excellent tax savings. Our client has kindly allowed us

HMRC Let Property Campaign – Recent Successes

As expected, the HMRC Let Property Campaign intensified further in January 2015, with a substantial number of letters being sent to both unsuspecting landlords and property investors, as well as those hoping they could slip under the radar. With the campaign set to last another 4-5 years, the message is clear from HM Revenue and