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 &...

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.

Welcome to our 9th issue of LT4L News, where this month we’re taking a look inside the new LT4L Video Vault.

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: –

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?”

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.  

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.

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...