News & Press

Knowing what is required and what the options are allows lenders to plan and prepare their business for a future event.Below are the main accounting policies that are most likely to impact lenders.Profit and Loss Accounts for lendersRevenue...

The buy-to-let market is changing, and, with a raft of government reforms introduced over the past few years, including new laws for private landlords and changes in taxation, it’s more important than ever to stay informed. So, whether you’re...

Whether you’re an experienced investor or a first-time landlord looking to dip your toe into the market for the very first time, VAT can be a complex and often confusing issue. In this article, we’ll look at some of the ways in which VAT can...

For many individuals and small businesses, these changes will mean adapting to new ways of keeping records and submitting tax information online.At Wisteria, our tax specialists work with clients to help them understand what these changes...

What Are Allowable Expenses?Allowable expenses are costs you can deduct from your rental income before calculating your tax liability. HMRC only permits deductions for expenses that are “wholly and exclusively” for the purpose of renting out...

We are seeing more and more people come forward to declare rental income that previously had not been included on their tax return. More often than not, this is being triggered by letters sent out by HMRC.HMRC now have direct access to HM...