Blog

At PJCO, we regularly meet landlords and property investors who are unknowingly paying more tax than necessary. The truth is, the UK property tax rules offer legitimate ways to reduce your bill — if you know where to look. Here are some of the strategies we use to help our clients legally minimise their property…Read More

For landlords with a few rental properties, the way you structure your portfolio can significantly affect your tax bill. Having property in your personal name can be straightforward, however for higher rate and additional rate taxpayers, the restriction on mortgage interest relief can make this costly for you. Having your portfolio in a limited company…Read More

LPC stands for Let Property Campaign. The LPC was created by HMRC for landlords who have not declared all their rental income to come forward to disclose any unpaid tax. The LPC is applicable to landlords renting out the following types of properties: However, an LPC is not applicable to landlords letting out to non-residential…Read More

The Let Property Campaign (LPC) was created by HMRC for landlords who have not declared all their rental income to come forward to disclose any unpaid tax. The LPC is applicable to landlords renting out the following types of properties: HMRC has harsh penalties for individuals that are not disclosing rental income. Penalties can be…Read More

Statistics in 2023 show that 28% of young people aged between 20 and 34 years were living with their parents. Having an extra adult in the house means that groceries, utility bills and other living expenses would increase and ultimately means more costs. Rent-a-room relief was introduced by the government to allow for more low-cost…Read More

Residential property gains are a critical consideration for landlords, especially when selling buy-to-let properties or inherited estates. Understanding the tax implications and reporting requirements is essential to avoid penalties. Planning is vital, as it ensures compliance with HMRC guidelines and minimises tax liabilities. Residential property gains refer to the profit made when selling or disposing…Read More

The Renters’ Rights Bill is currently being debated in the House of Lords, having already passed the House of Commons. While the bill primarily focuses on increasing tenant protections, it also presents a significant shift in responsibilities for landlords. For the majority of landlords who already maintain high standards, these changes represent an additional layer…Read More

As a prospective landlord or one looking to grow your portfolio, you might wonder if you are able to claim expenses incurred before you start receiving rental income. The good news is that HMRC does allow certain pre-letting expenses to be deducted, provided they meet specific criteria. Pre-letting expenses are costs incurred before the start…Read More

For business owners, keeping company records accurate and up to date is a crucial legal obligation. One of the key requirements for limited companies in the UK is filing a confirmation statement with Companies House. This statement serves as a way to confirm that your company’s details remain current and correct. Filing this document annually…Read More

As of 6th February 2025, the Bank of England announced a reduction in the base interest rate from 4.75% to 4.5%. This 0.25% decrease has sparked discussions among industry experts, with many speculating that further cuts may be on the horizon throughout the year. If this trend continues, it could significantly enhance affordability in the…Read More

In the UK, married couples receive special tax treatment, and as a result, understanding these rules can give newlyweds a head start in building a stable financial foundation for the future. For example, when it comes to income tax on rental properties, some of you may be aware that if a married couple jointly owns…Read More

With the 2025/26 tax year looming and the greatest changes to Pay As You Earn (PAYE) seen in a number of years, PJCO has put together this handy guide to help you and your company achieve the most tax efficient salary solutions. Director Only Payroll (One Director) If you are a single director on your…Read More

In the Autumn Budget, Rachel Reeves announced changes to the Stamp Duty Land Tax (SDLT) thresholds, which come into effect from the 1st April 2025. These changes, combined with the new SDLT rate for property investors and limited companies, can have a significant impact on property investors during one of the busiest periods for the…Read More

Planning ahead is vital for the success of any property business, as this will allow you to grasp opportunities as they arise. Many landlords will have now heard about the upcoming changes to income tax reporting in the form of Making Tax Digital (MTD) for income tax. For many landlords, the thought of an increase…Read More

Managing taxes is a critical part of running a successful small business. For entrepreneurs in the UK, staying on top of key tax deadlines can save time, reduce stress, and help avoid penalties. Here is a comprehensive guide to the important tax dates for 2025 to keep your finances in order. Managing taxes is a…Read More