Stopfords
Stopfords

Delay Replacing Furniture in Buy To Lets Until April 6 April 2016

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Tax relief for the replacement of furniture, including white goods, is being reinstated where the expenditure is incurred on or after 6 April 2016. This is good news for those landlords renting out properties unfurnished but providing white goods where the tax relief had been withdrawn in 2013.

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From April 2016 all contractors will have to submit their CIS monthly returns online and HM Revenue and Customs will no longer accept paper returns from this date. Any contractor’s that are still filing paper returns will need to register for HMRC’s CIS online service by visiting the following link https://online.hmrc.gov.uk/registration/organisation

View article about Reminder for all Contractor’s in the Construction Industry Scheme

Have you made use of your annual Inheritance Tax (IHT) exemptions? The annual exemption is £3,000 per donor (plus last year’s £3,000 exemption if you did not use it).

View article about Inheritance Tax Planning Before 6 April

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