Looking for the Best Specialist Property Tax Accountants? It’s now official!

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 &...

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.

Issue #9: Inside the new Video Vault [LT4L News]

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

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: –

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 – 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.

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?

Are landlords being unfairly targeted by the Government?

Are landlords being unfairly targeted by the Government?

On August 20th, 1940 Winston Churchill delivered ‘The Few’, being one of the most recognisable speeches ever given in the English language. Wind the clock forward to 2019 and he might have been saying; ‘Never in the field of British politics has so much been taken away from so many by so few’. I am of course talking about George Osborn’s now infamous S24 Tenant Tax and his successors ‘reforms’.

Award Winning Bailey Group

Award Winning Bailey Group

Once again, we’d like to congratulate LT4L co-owner Chris Bailey and the whole of his team at The Bailey Group for winning Accountancy Firm of the Year (51-200 Employees) at the North East Accountancy Awards 2019.

Landlords, What Happens When You Die?

Landlords, What Happens When You Die?

You’ll have heard the saying; “In this world nothing can be said to be certain, except death and taxes.” And if you’re a portfolio landlord, then chances are you’ve been thinking a lot about taxes lately. Perhaps you have already made changes to your portfolio. Of course, whilst taxes we can mitigate, death we cannot. If you die with investment properties, up to 40% of the equity will be paid in tax.

The Inaugural Portfolio Landlord Week 2019

The Inaugural Portfolio Landlord Week 2019

During the week, Property Tribes covered many topics and asked industry experts to comment and give their opinion on why the Private Rented Sector is experiencing a widening gap between small landlords (fewer than 3 properties) and portfolio landlords (4 or more properties) in many areas including tax and finance. Discover all the content from ‘Portfolio Landlord Week 2019’ here…

BBC’s Andrew Neil questions panel of experts (including Iain Duncan Smith MP) on Brexit, Government policy, intervention and the future of the Buy to Let market

BBC’s Andrew Neil questions panel of experts (including Iain Duncan Smith MP) on Brexit, Government policy, intervention and the future of the Buy to Let market

On the 21st March at the National Landlord Investment Show, the Rt Hon Iain Duncan Smith MP joined a panel of experts, including Less Tax 4 Landlords founding director Tony Gimple, to discuss Government policy, intervention and the future of the Buy to Let market.

Chaired by BBC politics presenter Andrew Neil, the panel also featured Paul Mahoney (Nova Financial Group) and Sarah Davidson (Knowledge and Product Editor at the Mail Online’s money section, This is Money).The debate ranged over a wide variety of pertinent topics, such as Brexit and house-building, as well as the obstacles homeowners and landlords currently face.

Proper Wealth Episode 13 -Buy to Let Property Tax

https://www.youtube.com/watch?v=ck0I3iVxciw   Learn about the three major changes in relation to property and property investment in this interview with Tony Gimple (Less Tax For Landlords) and Paul Mahoney (Nova Financial Group). The changes in tax have forced...