COVID-19 Business Support – Q&A with Chris Bailey
With his straight-talking and uncomplicated approach, Chris Bailey (Co-Founder and Group Director of Less Tax 4 Landlords) talks through all of the Government Business support schemes, giving practical advice to business owners, alleviating concerns and providing hints and tips.
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Issue #8: Tax Payment Deferral & Business Support [LT4L News]
Hello and welcome to our issue #8 LT4L news.
Businesses across the world right now are being painfully reminded that cashflow is king, and of course, taxes are a critical part of your finances.
This 8th edition of LT4L News looks at help available to businesses and landlords impacted by Coronavirus, with a special feature on deferring your July Tax Payment on Account.
Most Asked Questions by Portfolio Landlords during COVID 19
We hosted an online client event with many landlords seeking clarity about what help is available to them during COVID 19 and what they should be doing to protect their future. The Question and Answer session proved to be an invaluable part of the event. Here we share the most asked questions: –
COVID 19: A Summary of Support for Businesses
A summary document of all the help available to businesses during COVID 19 with eligibility details and how to apply.
The Impact of the Covid-19 Crisis on Landlords’ Tax Bills
The government are allowing all landlords who made a tax Payment on Account in January 2020 to kick the can down the road, with the option for an interest free deferral for your second 19/20 tax year payment. The payment due by July 31st 2020 can be pushed back until January 31st 2021. This is an especially welcomed move by the government whilst cash-flow is tight, but it does mean landlords may need to plan further into the future than they might normally do.
Options for the Self Employed during COVID 19
“Am I eligible for the self employment grant and how can I apply?”
Are you eligible and how much you can claim to cover wages for employees on temporary leave (“furlough”) due to coronavirus (COVID-19).
If you’re an employer whose operations have been affected by COVID19 then you may want to consider accessing the Government’s Job Retention Scheme.
COVID 19 Crisis – useful resources for landlords
The situation is changing on a daily basis, therefore during these difficult times we thought it would be helpful for landlords to have a single resource of useful links and pages that they can continuously check for updates.
Covid-19 – What’s happening in the Property Market? Predictions and Practical Guidance on the position of each Lender including how their criteria has changed and who is willing to do AVM/Driveby valuations.
We asked one of our in-house financial advisors to summarise his expert opinion on what is happening in the property market right now and how this might impact how we do things in the future.
Covid-19 Update for LT4L Clients
Update 24th March 2020: Following the latest advice all offices are now closed for face to face client consultations and remain open only for essential activities such as the processing of legal documentation. Meetings will continue as video consultations wherever...
What is Section 24? Common questions about Mortgage Interest Tax Relief Restrictions
Section 24 Update for Private Landlords: FROM APRIL 6th 2020 – MORTGAGE INTEREST IS NOW FULLY DISALLOWED AND REPLACED WITH A MAXIMUM OF A 20% TAX CREDIT. What are the 'Section 24' Tax Changes? The Section 24 tax changes restrict tax relief for finance costs secured...
HMRC set up ‘Secret Unit’ to investigate Family Investment Companies
News of a ‘secret unit’ set up to look at Family Investment Companies (FICs) has been circulating in the national press.
Their focus? “Inheritance tax implications.”
How will this impact advice given by Tax Advisors?
Announcing New Group Managing Director, New Regulated Services, and a Heartfelt Thank You to Co-Founder Tony Gimple
Today, Less Tax 4 Landlords and the Less Is More Property Business Group announced via 3 Press Releases important developments for the business and the LT4L Client Community in 2020. New Group Structure & Additional Regulated Services The first announcement is the...
A new Home for Landlords who want to Build, Run and Grow Professional Property Businesses.
As of the 17th February 2020, our London operation and much expanded advisory team will be moving!
Helping you plan for 2020… what do the experts forecast?
The experts provide an opinion on the impending departure of the UK from the EU and its impact on property, as well as opinions on housing affordability, particularly in the South, and opportunities continuing to attract investors to the Midlands and the North.
Shortlisted for ‘Large Practice of the Year’
Congratulations to Less Tax 4 Landlords' Co-Owners Bailey Group Chartered Accountants who are celebrating after being shortlisted for two awards at the annual IRIS awards ceremony taking place this February. The Bailey Group posted the following announcement on their...
Landlord 20/20 Vision
Everything you need to know about what it will take to run a successful and profitable property business in this new decade.