Tax. Probably not your favourite subject but …

If you’re a landlord and not completely confidant that you understand all of your responsibilities about tax or just need a little more information, this is for you.

HMRC are very keen on providing support and education for landlords before problems can arise. Much of this is now delivered online. As a part of this, they have a series of webinars, which are your chance to speak to a friendly tax officer!

As I understand it – the webinars will look at all aspects of tax for landlords, including allowable expenses, so I would expect most landlords would find something worthwhile.

We know that the vast majority of Sandwell landlords do everything above board and follow HMRC requirements, but we do deal with some who don’t. Whether this stems from deliberate choices or simply not knowing what’s required, the consequences can be severe.

So, here’s a good opportunity to get the support you might need.

Oliver

 

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