#1 Form 17 for Landlords – adjusting the split of property income between couples
Once again, this blog makes the #1 spot for the second year running as the most-read feature on our website.
Whilst most landlords are aware that income can be shared equally by married couples for tax purposes, we receive many phone calls from landlords who are still not aware of the opportunity to make changes to this arrangement.
For help preparing the necessary legal documentation and filing Form 17, contact dot@lesstaxforlandlords.co.uk for a quote.
#2 How to Download your SA100s – Your Full Tax Returns
#3 What is Section 24? Common questions about Mortgage Interest Tax Relief Restrictions
- What are the ‘Section 24’ Tax Changes?
- Will Section 24 Impact my Property Business?
- How will Section 24 impact cashflow?
- What counts as ‘Finance Costs’ in Section 24?
- Will Section 24 ever be repealed?
- Why is the Section 24 Tax Credit a ‘Maximum’ of 20%?
And much more.
31st January 2022 marked for many landlords their biggest ever payment to HMRC. This was due to the knock on impact of Section 24 finally catching up with the tax payments system.
It’s not surprising then that this article arrives in our Top 4 most read articles for the fourth year running.
Hopefully by now landlords fully understand the impact of Section 24 and have taken action if they are severely impacted.
If you haven’t yet taken action, why not take our free initial assessment
#5 PRA Changes: The Impact on Portfolio Landlords
Our 5th most visited blog page is a full summary of the 2016 Prudential Regulation Authority (PRA) changes with a focus on what the changes mean to landlords wanting to borrow additional funds.
If you’re a portfolio landlord in the buy-to-let business and you’ve not had to borrow additional funds from a lender since 2016, then you should read this blog and find out what has changed.
For example, Portfolio Landlords looking for new mortgages will have to ensure they have all the necessary details to hand. A buy-to-let lender may ask for:-
- bank statements
- tax returns
- future liabilities
- SA302s
- ASTs
- rental accounts
- income and expenditure statements
- and a business plan!
More on this and stress testing in this blog.
#6 Is it still worth being a landlord in 2022? [Property Pontoon: Do you Stick or Twist?]
In this blog, Ben explains his thoughts on what is weighing on the Landlord’s mind and explains how the average portfolio landlord manages moving forward.
#7 Case Study- Building a Business to Last Generations
In this blog, we take a closer look at MR W. and discuss the options that he could take to future-proof his property business
Signing up to our Free Video Vault
Now in its third year and with over 615 minutes of free tax and business planning videos, we’re not at all surprised that this page continues to remain popular. The Less Tax 4 Landlords Video Vault is a place for landlords who are concerned about their rising tax bills or their ability to grow their property business and want to find out what options are available to them.
Subscribe to the vault and watch the videos online and at your own convenience. As of 09/12/2022, the video vault has 36 free tax and business planning videos.
