Calculators
What Are The Allowable Expenses Against Rental Income?
One of the most frequent queries we receive revolves around what expenses can you claim against your rental income and the distinction between CAPITAL and REVENUE expenses. Many landlords unintentionally mix up the two, especially when differentiating between repairs...
Private Residence Relief
If the property has ever served as your sole or primary place of residence, you may be eligible for private residence relief. This rule applies to married couples, civil partners, and unmarried individuals, as they can only designate one property as their principal...
How To Work Out Your Capital Gains Tax
Proceeds of sale less any selling costs X Cost of asset including purchase plus any enhancement expenditure* Y Capital Gain/(Loss)X-Y Determination of Asset Cost and Market Value: If the asset was acquired before March 31, 1982, the cost of the asset...
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