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Saving Tax: Should you restructure your business in 2021?

May 5 @ 5:00 pm - 7:00 pm

Free

Click here to book your space on our Live Webinar

 

Was January your biggest ever payment to HMRC?

For many landlords this will have been the case – but not because they have earned more money.

Instead, this is driven by two crushing factors:

  • Section 24 is pushing up landlord tax bills (more about Section 24 here)
  • Delayed 2020 tax payments have become due

Unfortunately, it’s all but too late for tax payments in 2021, but it’s never too late to become more tax-efficient in general. Read more about this in our blog, It’s Too Late for 2021 – How to Make 2022 Your Best Year Yet (an article on landlord tax payments)

On this live online seminar, co-founders of Less Tax 4 Landlords Malcolm Rose and Chris Bailey will also show us why doing nothing could see your tax bills rise again in 2022.

For those impacted then, 2021 could be a very good year to restructure your business. Doing so could even make 2022 a year of minimum taxes, giving cash-strapped landlords a much-needed cash flow boost before returning to the ‘correct’ level of taxation in 2023.

On the call, Chris – a Chartered Accountant and landlord – will focus on one of the four main business options for landlords in the PRS: Mixed Partnerships.

An alternative to selling your property to your own limited company, we’ll see how they work, who they are for (and not for), and why it could be the best option for your business.

Malcolm will also pick up on some of the misconceptions in the market that might be holding landlords back from making vital decisions for their future.

It is recommended that you attend this webinar if:

  • You own rental property in your own name(s) and are paying higher rates of tax on property income
  • You are forecasting a Section 24 tax problem either now or soon
  • You simply want to understand more about the options available to professional landlords and successful property investors.

Click here to book your space on our Live Webinar

Christopher Bailey

Co-Founder and Group Director, Less Tax 4 Landlords

Chris Bailey is a landlord, business owner and Chartered Accountant who has been involved in the property industry for almost 30 years. He runs five award-winning accountancy practices, a tax advisory company and a property Capital Allowance business.

Chris has over ten years experience of Capital Allowance claims and he has extensive knowledge of the complexities and challenges of property tax law.

His first role after qualifying as a chartered accountant was as the group accountant to one of the largest private property groups in Yorkshire. After moving back into private practice, over the next 7 years he built an accountancy practice that was eventually floated on the AIM market.

He and his wife have a portfolio of more than 30 buy-to-let properties and during the early 2000s developed an international property business.

Malcolm Rose

Co-Founder and Group Director, Less Tax 4 Landlords

Co-Founder and Group Director of Less Tax 4 Landlords, Malcolm is a professional consultant and business mentor.

Since 2005, after a successful career in change management for a global insurance company, Malcolm and his consultancy firm have helped hundreds of individuals and companies to start in business or become even more successful. The results obtained by his clients are in large part due to his hands-on approach to coaching, mentoring, and business advice.

In particular, he brings about real business results by enabling people to realise their goals and by helping them to develop objective business plans and see them through.

When it comes to tax planning, Malcolm helps portfolio landlords put business before tax and escape the too-often trodden trap of letting the tax tail wag the planning dog.

Working with highly-respected experts from across the business spectrum, he is a regular speaker on business and landlord business tax matters.

Venue

Online

Organiser

Less Tax 4 Landlords
Phone:
0203 735 2940
Email:
info@lesstaxforlandlords.co.uk
Website:
https://lesstaxforlandlords.co.uk
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