Tag: allowable expenses
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Repairs vs Improvements: What’s the Difference for Landlord Tax?
Is work on your rental property a repair or an improvement? We look at kitchens, replacements, modern materials and why the cost or wording on an invoice doesn’t necessarily determine the tax treatment.
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Landlord Expenses: Just Because You Paid for It Doesn’t Mean It’s Tax Deductible
Not every payment connected with a rental property is automatically tax deductible. We look at repairs, improvements, mortgage costs, mixed expenses and why understanding what you actually paid for matters.
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Selling a Buy-to-Let Property – CGT Explained (UK 2025)
Selling a rental property can trigger Capital Gains Tax. This guide shows exactly how to calculate the gain, what costs you can deduct, and how to plan your sale to stay compliant.
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Top 5 Tax Mistakes UK Business Owners Make (and How to Avoid Them)
Avoid these 5 common tax mistakes UK business owners make. Learn how to stay compliant, save money, and avoid HMRC penalties in this quick guide.
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Business Expenses – What You Can and Can’t Claim (UK 2025)
Confused about what business expenses you can claim in 2025? This guide breaks down HMRC rules for UK sole traders and limited companies, with tips to avoid common mistakes.
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Understanding Rental Property Expenses — What You Can Claim
If you rent out property, understanding what you can and can’t claim as expenses is essential. This guide breaks down allowable costs—from maintenance to letting fees—in plain English.
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Claiming Expenses When You’re Self-Employed — Your Fun Guide to Keeping More Cash
If you’re self-employed, claiming allowable expenses is essential for reducing your tax bill. This simple guide explains what you can and can’t claim — in plain English.