Tag: Capital Gains Tax

Can You Claim Mortgage Interest on a Rental Property? What Nobody Tells You

Posted on September 4, 2025 by Will Robbinson

So there I was, Saturday morning, minding my own business when my neighbour Sarah rocks up looking like she’d seen a ghost. “I need help,” she says. “I’ve just bought a rental flat and my accountant’s been banging on about Section 24. Can you claim mortgage interest on a rental property or not?” Honestly? The […]

Do You Get Taxed on Lottery Winnings: What Really Happens When You Win Big

Posted on August 22, 2025 by Will Robbinson

Right, so you’ve won the lottery. Brilliant! But now you’re in full panic mode, thinking, do you get taxed on lottery winnings, about how much the government’s going to snatch from your windfall, right? I recall when my neighbour Eli won £50,000 from a scratchcard last Christmas. First of all, he phoned me in a […]