Business

Most of our clients aren’t full-time landlords. You might be renting out a flat you used to live in, or letting a property for some extra income. If that’s you, here’s a straightforward guide to what mortgage interest you can claim against your rental income.

However, with the rules changing again from 2025, it’s a good time to assess where things stand now, what’s coming next, and what business owners need to be aware of.

🗞 Government Announcement

On 4 July 2025, the government announced the halt to these reforms, stating the current timeline is “too burdensome” for small businesses and freelancers.

you're in an incredibly exciting phase

When it comes to claiming for anything – especially this tricky business of entertaining – you gotta keep your nose squeaky clean!

Tax implications of one company lending to another

The 2025-2026 tax year brings with it several important considerations for freelancers in the UK

For unincorporated businesses, from 6 April 2024 onwards the cash basis is the default basis of accounts preparation. Unlike the accruals basis under which income and expenditure must be matched to the accounting period to which it relates

Unincorporated landlords letting furnished holiday accommodation will obtain relief for their interest and finance costs from April 2025 after the favourable tax regime for furnished holiday lets has come to an end

If you are the owner of a personal or family company, it is prudent to review your dividend strategy before the 2024/25 tax year comes to an end