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.
Our congratulations go to the Bailey Group Chartered Accountants, in particular the team that work in property on behalf of the Less Tax 4 Landlords clients, who are celebrating after scooping their first real estate and property award. BUILD 2020 - Real Estate &...
Welcome to our 9th issue of LT4L News, where this month we’re taking a look inside the new LT4L Video Vault.
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.
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: –
A summary document of all the help available to businesses during COVID 19 with eligibility details and how to apply.
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.
“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.
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.
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...
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...