My talk at the LLAS Conference on the impact of the pandemic last Thursday included a little speculation on the Budget in the hope that it would set about to aid recovery - and certainly not derail it. Many business owners will have breathed a sigh of relief as...
April 2020 marked the beginning of the fourth and final year for the staged implementation process of Section 24, and an end to private landlords being able to claim finance costs as a tax-deductible expense. Meanwhile the UKs tax payment on account system means...
Last week the Prime Minister announced his roadmap out of the lockdown restrictions for England.
It’s fair to say that the majority of people will welcome this plan. Why? Because a plan at least gives us something to reference and work towards, bringing clarity to the goal we are looking to achieve.
Hybrid Business Models for Portfolio Landlords [Replay: 70 Minute Presentation + 40 Minutes Live Q&A]
Register here to watch the full replay of our January 28th 2021 webinar. For most Portfolio Landlords who are or intend to become higher rate tax-payers, accounting for tax on property profits in personal names is now no longer an option. Restrictions on mortgage…
The UK’s tax system is complicated – there’s no denying that. With constant changes to the rules, it’s hard for any property owner to keep up. Here’s a recap of all the significant property tax changes over the years.
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.
Have you registered to watch our Tax and Business Planning Exclusive Videos inside the LT4L Video Vault? Find out what to expect inside the Video Vault here.
Join us as we take a look back at our Top 10 most popular blogs, pages and articles of 2020, ranked in order of most unique views on our website.
Welcome to our final and festive newsletter of 2020. It was the year we stayed home – the year no one could have ever predicted. And we were reminded once again that for businesses, including property businesses – cash is king.
The Income Tax Act 2007 (section 836) allows for income from properties that are jointly owned by married couples or civil partners that live together, to be legally split 50/50. However, whilst most landlords are aware that income can be shared equally by married...
2020 has not been an easy year for landlords and with the self-assessment deadline just around the corner, 2021 is not looking any better either - at least from a cashflow perspective. This is particularly true if you're a mortgaged portfolio landlord AND a higher...
Less Tax 4 Landlords win ‘Best Accounting & Tax Services 2020’ by Property Reporter with one judge saying “their multi-dynamic approach made them a clear winner for me” and another saying “they clearly understand & want to help landlords understand Section 24.”
Chris is interviewed by Tracey Hanbury of Landlord Investment Show on some of the information (and misinformation) in the marketplace, discussing in particular HMRC and Hybrid Business Structures.
Capital Gains Tax Review – Policy or Speculation? Or Just another reason to run your property portfolio as a business.
You've probably already heard by now, the Office of Tax Simplification (OTS) has, among other things, called for consideration that Capital Gains Tax rates be increased to match income tax rates. But what does this mean for Landlords? First, it’s important to point...
Welcome to our 10th issue of LT4L News. There are 83 days left until your next self-assessment tax payment, and for many landlords, this is going to be a bumper tax bill.
The fate of any business is always tied to the fate of its customers. Landlords are no different.
With the scaling back of government support now delayed but looming large on the horizon, and UK redundancies rising at record rates, Landlords cannot afford to be complacent.
And with many landlords still facing a bumper double tax bill in January, extra forward planning is prudent.
Tax Tips for Businesses is a series of short videos brought to you by Co-Founder and Group Director of Less Tax 4 Landlords, Chris Bailey to help you legally save tax and understand the tax reliefs and allowances available to you.