Mixed LLP Case Study = Huge Tax Benefits For Landlords
Property118 Mixed LLP Case Study = Huge Tax Benefits For Landlords If you own some properties in your own name and others within a Limited Company, please read this Case Study and share it with any...
View ArticleOur webinar about LLP’s is now available on demand
Property118 Our webinar about LLP’s is now available on demand This 64 minute webinar, recorded live on 6th April 2019 is now available to view on demand and free of charge. The main presenters are:-...
View ArticleDon’t forget to declare your Directors salary by 5th April
Property118 Don’t forget to declare your Directors salary by 5th April Tax Efficient Extraction of Profit From Companies For 2018/19 For many years accountants and tax advisers have suggested that...
View ArticleGifting a Directors Loan for IHT purposes
Property118 Gifting a Directors Loan for IHT purposes James asked …. I asked some accountants about the directors loan in a company and they said you could gift the directors loan as a potentially...
View ArticleLimited Liability Partnership “LLP” LANDLORDS’ CASE STUDY
Property118 Limited Liability Partnership “LLP” LANDLORDS’ CASE STUDY Bob and his brother Richard own six rental properties in a Limited Company, another six in joint ownership and three each in their...
View ArticleWill you pay tax on your finance costs this year?
Property118 Will you pay tax on your finance costs this year? If you are due to pay tax on your finance costs by 31st January 2019 I have some very bad news for you, and some potentially very good...
View ArticleSelling property without paying CGT
Property118 Selling property without paying CGT Two scenarios regularly pitched to me during tax planning consultations are:- 1) We want to sell some of our properties which are low yielding and...
View ArticleFreezer Shares and IHT planning for incorporated landlords
Property118 Freezer Shares and IHT planning for incorporated landlords Freezer shares provide an opportunity for owners of property companies to cap the value of the shares for IHT planning purposes by...
View ArticleWhy UK landlords are flocking to Portugal
Property118 Why UK landlords are flocking to Portugal Did you know that UK landlords do not have to pay tax on their UK dividend income from incorporated rental property businesses if they live in...
View ArticleWhat Does “Washing Out CGT On Incorporation” Actually Mean?
Property118 What Does “Washing Out CGT On Incorporation” Actually Mean? A common question I am asked by landlords who are considering incorporation of their property rental business is “what does...
View ArticleHow do I claim back the 25% of Residential Finance cost under Section 24 when...
Property118 How do I claim back the 25% of Residential Finance cost under Section 24 when I am in a Property Partnership? My wife and I established a partnership with HMRC in 2012 when we started a...
View ArticleThe best tax structure for landlords
Property118 The best tax structure for landlords The best tax structure for landlords very much depends on taxable income. For example, a couple who are earning say £30,000 each who plan to purchase...
View ArticleNew SDLT Rules Can Help Smaller Landlords
Property118 New SDLT Rules Can Help Smaller Landlords A little known amendment to Stamp Duty Policy in the Autumn Budget 2017 could help 1,000’s of small landlords in regards to their tax planning. The...
View ArticleAre my wife and I a property rental BUSINESS?
Property118 Are my wife and I a property rental BUSINESS? Dear Mark The crux of the issue regarding putting BTL properties into a company seems to be whether HMRC will agree that my wife and I are in...
View ArticleIncorporating WITHOUT Refinancing
Property118 Incorporating WITHOUT Refinancing I am helping Cotswold Barristers to promote their BICT structure to accountants and would really appreciate some help. Many accountants advise their...
View ArticleExpat Landlords Tax Planning Opportunity
Property118 Expat Landlords Tax Planning Opportunity This is a case study of how a couple are able to convert a massive tax headache into a £5,000,000 tax planning opportunity. You can read about a...
View ArticleTwo tax planning models to avoid
Property118 Two tax planning models to avoid Around 20% of the landlords who consult me regarding tax ask about the “Hybrid strategy” or the “LLP to Incorporation Strategy”. The reason I am so worried...
View ArticleLandlords and Class 2 National Insurance
Property118 Landlords and Class 2 National Insurance The outcome of the due diligence of our professional advisers on this matter was that Landlords are NOT obliged to pay Class 2 National Insurance,...
View ArticleAre Landlords Ever Required To Pay National Insurance?
Property118 Are Landlords Ever Required To Pay National Insurance? Some accountants have been telling their clients that if they want to claim they run the “business” as a “partnership” then they will...
View ArticleAre Joint Buy-to-Let Owners Automatically A Business Partnership For SDLT...
Property118 Are Joint Buy-to-Let Owners Automatically A Business Partnership For SDLT Exemption Purposes At Incorporation? Until quite recently, many professional advisers (including myself) have...
View Article