#landlords

how about making the bad ones live in a rotation of places every random number of months and they just have to find one that’s not occupied (1000$ fee every time they move) or sleep in their car and be allowed to own next to nothing (the ability to own housing or real estate is permanently taken from them) nothing is ever stable, and building up their lives is pointless. the housing is bare minimum and doesn’t have reliable maintenance, it has ac if it already had it or someone left it there, and the rent is over half of their income and paid to the state or government or a social project fund.

Carr Jenkins Hood releases guidance on Capital Gains Tax for UK property owners, covering 2025/26 rates, exemptions, Private Residence Relief eligibility, and HMRC's 60-day reporting deadline for residential property sales.

News provided by 

Carr Jenkins Hood 

Jul 12, 2026 02:38 pm BST 

Carr Jenkins Hood, a Swansea-based accountancy firm, has released guidance on Capital Gains Tax for UK property owners, addressing the complexities of calculating tax liabilities when selling residential assets.

Team members at the firm specialise in this area of taxation and provide property owners with advice on navigating CGT obligations, including current rates, exemptions, and compliance requirements for the 2025/26 tax year.

More details can be found at https://www.carrjenkinshood.co.uk/ Understanding the financial impact of property disposals requires clarity on the rates that apply to different taxpayers. For the 2025/26 tax year, residential property sales are subject to CGT at 18% for basic rate taxpayers and 24% for higher and additional rate taxpayers, according to independent tax guidance.

The rate applied depends on whether the individual's taxable income plus the gain exceeds the basic rate threshold, while an annual exempt amount of £3,000 allows property owners to reduce their taxable gains before these rates apply.

Calculating the actual tax owed involves determining the gain from the sale, which is the difference between the sale price and the cost basis—the original purchase price plus allowable costs such as improvements and acquisition expenses. Once the gain is established, the annual exempt amount reduces the taxable portion, and the applicable rate is then applied based on the owner's income tax band, directly influencing the final tax bill and informing decisions about timing and strategy.

Not all property sales result in full CGT liability. Private Residence Relief can significantly reduce or eliminate the tax owed if the property served as the owner's main home for part or all of the ownership period, with eligibility depending on individual circumstances, including how long the property was occupied as a primary residence and whether any periods of absence qualify for relief. Because the potential for tax savings through reliefs is substantial, property owners benefit from an assessment of their specific situation to determine what exemptions or reductions apply.

Compliance with HMRC requirements is time-sensitive. For disposals completed on or after 27 October 2021, property owners must report the gain and pay any CGT due within 60 days of completion, according to regulatory guidance. Missing this deadline can result in penalties and interest charges. The short window between completion and the reporting deadline underscores the importance of advance planning and accurate record-keeping throughout the ownership period.

The firm's advisory services help property owners assess their individual circumstances, including eligibility for reliefs, accurate calculation of gains, and adherence to reporting timelines. Specialists at Carr Jenkins Hood work with clients to evaluate how CGT applies to their property transactions, ensuring compliance while identifying opportunities to reduce liabilities where applicable.

Last Friday two uniform cops illegally forced the gate at the side of the tenement that gives us access to our collective garden. They hung around looking over the fence into the next building's garden then left, leaving the security gate open and the lock so damaged it needs a lot of work to get it to open/close. The lock is integral to the gate so to replace it would mean a new gate and the Factors (those we pay to look after the building) who take £14.400 a year from those of us that live in this building, will not replace it.

One hour ago, Friday 16:45, a tourist in one of the illegal STLs (airbnb etc) in this stair buzzed in two junkies without checking who they were. I had to throw them out whilst every other fucker hid behind their doors, inluding the tourist cunt who buzzed them in.

There used to be 52,000 Edinbronians living in Old Town. Now there are around 3,000. Those of us left - with the full complicity of the Council, the Police and every 'business' around here - are under constant assault by entitled parasites and the crime they engender. Literally in our own homes.

The private rental sector in the UK is entering one of the most significant periods of change in a generation. With the introduction of the Renters’ Rights Act and the long-anticipated abolition of Section 21 “no-fault” evictions, landlords are being asked to adapt to a fundamentally different way of managing tenancies. For many landlords, this is not simply a legal update. It represents a shift…

If you own or manage an HMO in Swansea, an EICR fail can hit hard and fast. It usually comes down to worn wiring, overloaded circuits, or sketchy communal electrics that have been ignored for too long.

A Swansea HMO can fail an EICR for issues that look minor on paper but point to real risk: damaged accessories in shared halls, poor earthing, overloaded circuits, missing labels, or outdated consumer units. For landlords and agents, the pressure is clear—an inspection delay can block a licence, slow a letting, or trigger costly remedial work when time is already tight.

HMO electrical requirements in Swansea mean making sure the property has safe, compliant wiring, a current EICR, suitable smoke and emergency lighting where needed, and regular testing of communal and high-risk areas. The exact duties depend on property type, occupancy and local licensing conditions, so landlords should use a registered electrician familiar with HMO standards and Swansea Council expectations.

What a swansea HMO must prove now

A Swansea HMO normally has to prove that its electrics are safe, tested, and kept in a usable state between inspections. That proof usually starts with an EICR, which is a formal report on the fixed wiring, then moves to any remedial works that the report asks for.

The key point is simple. A landlord does not prove compliance by saying the lights still work. A landlord proves compliance with records, test results, and repairs that match the findings.

The minimum evidence pack

And the real problem is that the first fail is often just the start...