If you own a rental property or holiday home, work out if your rental arrangements are for an investment or a business. Common rental arrangements Common rental arrangements include where you: rent part of the property (rent out a room) rent the property for part of the year have a domestic arrangement with family members … Read more
If you’re age 60 or over, own your home and need to access money, releasing equity from your home may be an option. There is risk involved and a long-term financial impact. Get independent financial or legal advice before you go ahead. How home equity release works ‘Equity’ is the value of your home, less … Read more
Check the income to declare, when to report a loss, and deductions you can claim for managed investment trusts. Types of managed investment trusts Managed investment trusts include: cash management trusts money market trusts mortgage trusts unit trusts managed funds, such as a property trust, share trust, equity trust, growth trust, imputation trust or balanced … Read more
