Comments Off on Making Tax Digital

MAKING TAX DIGITAL

From email sent out from HMRC

If you have income from property or self-employment, you will be legally required to use Making Tax Digital from:

  • • April 2026 if you earn £50,000 or above
  • • April 2027 if you earn £30,000 or above
  • • April 2028 if you earn £20,000 or above

To support you ahead of this, we are running a series of webinars to help you understand the changes and what actions you may have to take to get ready.

Making Tax Digital for Income Tax  

These webinars will help you understand the things you will need to do, including:

  • • using Making Tax Digital for Income Tax compatible software
  • • keeping digital records through the year
  • • sending simple quarterly updates to HMRC

It is part of a series of webinars which include 2 more webinars that are coming soon:

  • • Get ready for MTD which will explain the readiness steps to take as soon as possible
  • • Sign up for MTD which explains the opportunity to sign up early to use MTD from April 2025 so that you know what to do before it becomes a legal requirement

There are more webinars now on GOV‌‌‌.UK.

Yours faithfully
HM Revenue and Customs

Find out more >>

Comments Off on RENTERS RIGHTS BILL UPDATE

Renters Rights Bill Update

Key Dates

Based on current parliamentary schedules, here are the key dates to be aware of:

  • Committee Stage (Lords): Starts 22 April 2025
  • Royal Assent: Expected by 25 July 2025
  • Best Case Commencement: October 2025
  • Worst Case Commencement: December 2025

Understand The Process

Committee Stage

  • When the bill will be subject to detailed scrutiny by a parliamentary committee. with amendments being proposed and debated and possibly adopted into the final bill.

Make sure you continue to liaise with your MPs to ensure any amendments and their impact are brought to their attention.

Royal Assent

Grant of Royal Assent when the bill becomes law.

  • This could be granted by July 2025.
  • The provisions contained in the bill can then be officially enacted.
  • There will be a period of time when regulations relating to the bill will be formulated and agreed following which implementation may commence.
  • So anticipate the Act coming into force anytime from October 2025 on.

How Will This Affect You?

There may be other changes ahead but expect:

  • Eviction: 
    • Section 21 (no-fault evictions) to go
    • Section 8 Notices: expect changes to grounds and/or notice periods (see recent newsletter articles on grounds for possession)
  • Tenancy Security: Expect all tenancy agreements to become periodic, any fixed term tenancy will no longer be fixed-term, this currently includes student tenancies.
  • Compliance: Prepare for changes to:
    • safety regulations,
    • energy efficiency requirements
    • stricter deposit protection rules
    • discrimination rules
    • stronger enforcement powers for local authorities, together with increased rent repayment orders
    • prepare for potentially issuing new tenancy agreements to existing tenants within a specified timeframe
  • Rent Regulation: 
    • Increases to be restricted to annual increases and must be implemented using the government approved Form 13. As now the tenant can appeal a rent increase at Tribunal but there will be changes to how this works.
    • Rent accepted for a property to be no higher than the amount advertised.
    • How will you manage no rent being paid before the tenancy agreement is signed?

Find out more >>

Comments Off on COURT FEES SET TO RISE 1 APRIL 2025

COURT FEES SET TO RISE 1 APRIL 2025

Court fees are rising next week.
For possession cases the costs will be:
£404 for making a possession claim (was £391)
£148 for applying for a warrant of possession (was £143)
£313 for a general application on notice (N244) (was £303)
£119 for a general application by consent/without notice (N244) (was £119)

Find out more >>

Comments Off on DAMP AND MOULD WEBINAR

Cornwall Council, with the Cornwall Residential Landlord Association (CRLA), held a Damp and Mould Webinar recently with around 150 in attendance. Please find the Webinar’s recording link here: https://youtu.be/d3BeJoyJ9L8

The video description includes a link to resources and answers to the questions asked in the chat during the session.

Find out more >>

Comments Off on CONSULTATIONS ISSUED TODAY

Two consultations issued by goverment today:

Fuel Poverty Strategy for England

Improving the energy performance of privately rented homes: 2025 update

Links to both consultations can be found in the Consultations from Central and Local Government page of this website

Find out more >>