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Landlords to get
online tax training
THE computer based
tutorials will make it easier for them to understand when and how to
pay tax on property they have let out. The training pack is part of
HMRC's Let Property campaign, aimed at people renting out
residential property who have not registered to pay tax, who have
under declared their earnings or who have under paid tax.
Laura Pollard, head of HMRC Campaigns, said:- "This package
has been developed to help landlords get their tax affairs right
from day one. They can also use it to keep them on track in the
future. Landlords who have failed to register with HMRC, or who have
under declared or under paid tax risk being checked by HMRC. If they
wait for that to happen, they won't be able to sort out their tax
affairs under the best terms. If they are in any doubt, they should
try the training and, if they think they need to bring their tax
affairs up to date, they should contact us." The Association of Residential Letting Agents, the National Landlord
Association and the Residential Landlord Association will also make
the training available to their members. HMRC is also in discussion
with other landlord associations to make the training available to
them.
The bite sized modules will explain to landlords:-
► When and how property letting starts,
and what to do.
► The various types of property income;
furnished, unfurnished, holiday lets, Rent-a-Room, the Non Resident
landlord Scheme and how they are taxed.
► The correct treatment of income and
expenditure, both revenue and capital.
► Tips on record-keeping.
► Property disposal, Capital Gains and
Inheritance Tax.
► Tax return filing and paying dates – and
when and how.
► PAYE and VAT obligations.
Details of the Let Property campaign can be seen
here.
The new tutorials can be seen at –
hmrc.gov.uk.
HMRC has also started writing to about 40,000 landlords about their
tax. So far, more than 2,500 people renting out residential property
have voluntarily contacted HMRC to put their tax affairs in order
under the Let Property campaign...
Sean Connolly
Back at Formby Books for a 3rd Time
Written by Scott Harrison
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LOCAL Author and ex-army
Sean Connolly will be At Formby
Books on Saturday, 31 May 2014,
for a 3rd time.
Sean will be at Formby books
from 10AM onwards, He will be selling and signing his Book:-
"British Army On The Rampage" aka B.A.O.R. All money raised
will go to Byng House in Southport. We will be also selling Army Pin
Badges on the day. On the day there will be the PA system out, tunes
will be played by DJ Scott Harrison and Sean Connolly will be
singing Elvis for us, we will have some seats outside Formby Books,
Halsall Lane, for the Public (you) to sit on and Listen to Sean's
fantastic Elvis singing. Any contribution will be mostly
appreciated. This is a fantastic opportunity not only to be
entertained, but also to give something to a local charity Byng
House, Southport.
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Past Winners
Line Up for Betfred Temple Stakes at Haydock Park!
LOCAL racecourse Haydock
Park will host 'The Group 2 Betfred Temple Stakes Raceday'
this
weekend with a number of past winners within the entries for the
opening sprint event of the 'QIPCO British Champions Series', on
Saturday, 24 May 2014.
This weekend's racing will include some of the Country's leading
horses with a number of exciting entries for 'The Betfred Temple
Stakes' including last year's winner Kingsgate Native, who also won
in 2010, and Sole Power who beat Kingsgate Native to the post in
2011 and was 2nd to Bated Breath a year later.
The duo have won three of the past four runnings of this race
between them and will return to Haydock Park in top form with Sole
Power having beaten Kingsgate Native in the Palace House Stakes at
Newmarket by half a length earlier this month.
Also amongst the entries is Hot Streak, the 3 year old who finished
third to Sole Power in the Palace House Stakes.
In addition to this, a staggering £15 million is potentially up for
grabs for a single Scoop6 winner this weekend, with a number of
Scoop6 races likely to take place at Haydock Park Racecourse.
Garry Fortune, Haydock Park
Racecourse General Manager, said:- "The Betfred Temple Stake
is 1 of our highest quality fixtures of the year and always proves
to be a fantastic day out for racegoers. It's gearing up to be top
class race card with Kingsgate Native and Sole Power on course to
line up again this weekend. It's also a big day in the betting
stakes with a potential £15 million available to win in the Scoop6
and plenty of activity happening at Haydock Park for this. We look
forward to welcoming large crowds of racing fans to come and enjoy a
great day out."
Betfred spokesman Andrew Griffiths said:- "Hot Streak shaped
nicely at Newmarket and should be much sharper for the run. He goes
on any ground and we think he has an outstanding chance of taking
another step up the sprinting ladder."
The 1st race on Saturday, 24 May 2014, will be at 1.35pm and gates
will open at 11.35am. Admission will be available on the day, but
discounted tickets can be bought before midnight on Friday at:-
haydock-park.co.uk or by
calling:- 0844 579 3006.
In addition to the outstanding racing, Haydock Park has some world
class music acts to look forward to this summer, kicking off with a
brilliant 80's night, 'Here And Now', on Saturday, 21
June 2014. Next up will be one of the UK's most successful artists,
Wet Wet Wet, on Saturday, 19 July 2014, and to complete the summer
music line up is Brit Awards winner Jessie J, on Friday, 8 August
2014, and the stylish and world renowned Tom Jones, on Saturday, 9
August 2014. For tickets and more information please go
online or call:- 0844 579 3006. |
