When setting up a business, one of the first decisions you’ll face is whether to operate as a sole trader or establish a limited company. To put it simply, as a sole trader, you are the business—you’re personally responsible...
As a landlord, managing your property portfolio involves much more than just keeping your tenants happy or maintaining your properties. It also requires careful financial management to ensure your business remains profitable, compliant, and tax-efficient. This is where a...
April 2026 may seem far off, but we’re here to help you stay ahead of the curve and ensure you’re fully prepared well in advance! What Is Making Tax Digital (MTD)? Making Tax Digital (MTD) is a government initiative...
We are here and listening to the budget live. Agent Impact Capital Gains tax for basic rate tax payers has increased from 10% to 18% and higher rate tax payers from 20% to 24% which will mean if you...
Autumn Budget 2024: What Property Investors and Developers Should Expect As the 30 October 2024 Budget approaches, speculation is mounting around potential tax changes, many of which could significantly impact the property industry. Here’s a quick breakdown of what...
Wouldn’t You Like To Be Paying Less Tax? At LoftyAccounting, we do our utmost to keep our property management clients informed and empowered about the latest insights in accountancy and tax services. Here are some simple yet valuable facts...