Buy to let portfolios surge in bid to escape tax
Nigel Holland The number of buy-to-let portfolios which are changing hands has surged sixfold in an attempt by England's top landlords attempt to escape the UK Government's tax crackdown. " There are several reasons why investors should consider trading buy-to-lets in...
Aleem joins Holland & Co Chartered Accountants
Aleem Mohammad Aleem Mohammad, who has a first class degree in Accountancy has joined Holland & Co Chartered Accountants. 'I would like to welcome Aleem to Holland & Co Chartered Accountants and look forward to working with him. He has excellent qualifications...
MTD for none VAT registered businesses
Nigel Holland "MTD or make tax digital has been with us for sometime now but has only applied to larger businesses.It is currently being introduced for smaller businesses including businesses who are not registered for VAT.Many of these businesses are not correctly...
Purchase commercial property through your pension scheme
Nigel Holland There are some tax saving benefits which can be obtained by purchasing a commercial property through your pension scheme. It is less tax efficient to purchase the commercial property through a limited company or individual compared to when a pension...
Help finding a Business Partner.
Nigel Holland If you are looking for a business partner we may be able to help. We run business networking groups online via What's app. If you join our group and get involved within our business networking there is a good chance that you may meet a business partner....
HMO – Houses of Multiple Occupancy
We act for many clients in the property market and many investors have decided upon HMOs as their preferred method of investing.Very often HMOs offer a high rate of return compared to other similar property investments.Nigel Holland Nigel Holland A house in...
Capital Allowances for buildings
Nigel Holland When submitting returns to HMRC a taxpayer may decide whether the expenditure they incur on their property is classed as revenue or capital. Generally revenue expenditure is offset against rental income where as capital expenditure is offset against the...
Holland & Co acquire new Accountancy Practice
Holland & Co Chartered Accountants from Widnes have purchased David Crossley's Accountancy Practice which is based in Great Sankey. David who is a Chartered Tax Adviser and helps many small businesses with their self assessments, represents a large number of...
2022 Spring Statement Summary
Chancellor Rishi Sunak delivered the 2022 Spring statement on Wednesday (23/03/2022). Fuel duty has been cut by 5p per litre until March 2023. The reduction is said to take £3.30 off the cost of filling a typical 55-litre family car. The income threshold at which...
Let Property Campaign
The Let Property Campaign gives individual landlords an opportunity to bring your tax affairs up to date and to get the best possible terms to pay the tax you owe. You will need to update HMRC by making a voluntary disclosure for any tax owed on letting income that...
