HMRC targets buy to let landlords claiming higher levels of repair and maintenance expenditure Landlords across the UK have started to receive letters from HMRC as part of their ‘One-to-Many’ campaign. This letter focuses on the repair and maintenance costs claimed within the taxpayers 2021/22 tax return. Since December 2023, HMRC has been reaching out to landlords who comple ...
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New rules for registered office addresses
From 4 March 2024, there’ll be new rules for registered office addresses which mean companies must have an ‘appropriate address’ as their registered office at all times. An appropriate address is one where: any documents sent to the registered office should be expected to come to the attention of a person acting on behalf of the company; any documents sent to that address c ...
Changes to the 51% related companies
In a nutshell From 1 April 2023, the rules have changed from 51% related companies back to the associated company rules. Prior to 1 April 2023, companies were connected if one company had at least a 51% shareholding in another company. The new rules result in more companies being connected compared to the old 51% shareholding companies. Why does this matter? The result may ...
