Private Rented Sector Buy to Let Consultants
This short article is about the interaction of Inheritance Tax (IHT) and Capital Gains Tax (CGT) and how, via tax planning, people can reduce the impact of both. It explains that the key thing is to do this when you are still young or else you and /or your heirs may end up paying even more tax that you need […]
Read moreSo, here are two reports I read recently on the same day, in the same publication, on the same page. Rent Controls, Tax Hikes and EPC Nonsense Driving Landlords to the Exit In one, the Office for National Statistics (ONS) said the number of rental homes dropped from 4.579 million to 4.463m – or 116,000 in the last year with […]
Read moreTwo days before the election, at our next seminar on June 6th, 2017 we will be covering four topics delivered by a great line up of speakers. I know all the topics will be fascinating. Two of these topics are Landlords Taxes and Joint Ventures. Plus, we also have James Davis from UPAD, speaking about how landlords can utilise technology to assist them in […]
Read moreLandlords Refused Judicial Review on Tenants Tax Last week, at the High Court, two landlords lost leave to seek a judicial review of the so called “Tenant Tax”, sometimes referred to as the “Section 24 tax”. We were never confident of success with this particular case for the reasons we highlighted in a previous blog post, back in September, when […]
Read moreEver since the budget landlords have been trying to figure out a work arounds the changes which will limit the amount of tax relief they can claim on mortgage costs. Tax Changes to Buy to Let In the Budget & Work Arounds The Chancellor has restricted this to the basic rate of income tax, which is 20pc currently. This restriction will be phased […]
Read moreDavid Lawrenson of LettingFocus.com explains the reason landlords like to repair things rather than have items replaced. Some tenants may wonder why their landlord is so keen to try to repair their old washing machine, cooker or other item rather than going out and just buying a new one. Well, the answer lies in the tax system. Landlords Wear and […]
Read moreDavid Lawrenson, of property consultancy www.LettingFocus.com says British citizens are being treated like second class citizens when it comes to property tax. If you were following the recent mini statement from Chancellor George Osborne last week you will have heard how overseas investors in our residential property markets will now have to pay capital gains tax – just like they […]
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