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How landlords can save money on their properties: buy-to-let tax loopholes and tips

How landlords can save money on their properties: buy-to-let tax loopholes and tips
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How landlords can save money on their properties: buy-to-let tax loopholes and tips

How landlords can save money on their properties: buy-to-let tax loopholes and tips
telegraph.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegraph.co.uk Daily Mail and Mail on Sunday newspapers.

A million self-employed will be taxed on money they never earned

The taxman is waiting at the door for many self-employed people Credit: Captain Z Close to a million struggling self-employed people face paying too much income tax when they are billed in a week’s time because HM Revenue & Customs’ calculations have not taken coronavirus losses into account. HMRC is billing freelancers and small businesses on the basis of how much they made before the pandemic, even if they were forced to close their doors last year and their earnings collapsed. Around one in four of Britain’s 4.3 million freelancers now faces paying too much tax on bills due at the end of the month, according to TaxScouts, an online tax service. Accountancy firm RSM UK said a fifth could be caught.

Taxpayers kept waiting by HMRC as service standards plunge

Taxpayers kept waiting by HMRC as service standards plunge
telegraph.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegraph.co.uk Daily Mail and Mail on Sunday newspapers.

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