Until recently renting out residential property as a sole trader was relatively profitable. However, tax changes, such as the end of the wear and tear allowance and the restriction of mortgage interest relief, mean that making a healthy profit is getting harder. So...
Self-assessment is not just about filling in a tax return, sending it to HMRC and paying your bill. With a bit of planning it’s also an opportunity to minimise your tax liability, meaning more money stays in your pocket. The next tax return deadline – 31 January 2018...
When you start seeing results, you’ll have more time to focus on what matters most. That’s the joy of a great partnership.