TAX CHANGES FOR RESIDENTIAL RENTAL PROPERTIES
On 23rd of March 2021, the government announced various policies which will impact the property owners and investors significantly which was passed on 24 March and received the royal assent on 30 March 2021.
Moatrek Case Study
Following is an interview with Miles, CEO of Moatrek Tours. Moatrek is a GECA client using their Virtual Accounting Team to replace their internal accountant. Read on to find out how this service allowed Moatrek to grow their business.
Airbnb Properties – Tax Impact for Change in Use
Properties rented out for short-term accommodation and as well as being used by property owners come under the Mixed-use asset rules. The mixed-use asset rules limit deductions in relation to the property and any excess deductions are quarantined and offset against future year’s rental income.
Tax Updates
by Sheral Reddy, Associate Director at GECA Chartered Accountants. If you need help with tax advice including end of financial year preparation, then Sheral and the GECA team can help.
Covid-19 Tax Update
The government response to Covid-19 and the shutdown of the…
COVID-19 and Commercial Rent Payments
Many of our clients lease commercial premises and rent is typically…
GECA Client Operations Update
Working through the Covid-19 lockdown.
Thanks…
Issues With Cash Flow? Here’s How to Solve Them
Avoiding a cash-flow crisis
This post is by Giles Ellis,…
Where to find the cash you need
Finding cash, fast
This post is by Giles Ellis, an experienced…
What to expect from a part-time CFO
This post is by Giles Ellis, an experienced business coach and…
COVID-19 Proposed Tax Changes
This post is by Sheral Reddy, an chartered accountant and tax…
In-house finance functions – more trouble than they’re worth?
Using in-house finance to manage your accounting and finance functions might seem like a great solution, but they come with many risks. Read more here:
Year End Checklist 2020
by Sheral Reddy, Associate Director at GECA Chartered Accountants.…
vCFO – All the expertise, half the cost
This post is by Giles Ellis, an experienced business coach and…
Tax rules on employer-provided travel from home to a distant workplace
In December 2019, Inland Revenue introduced Operational Statement…