by Ben Rose | Mar 11, 2020 | Featured, Landlord Tax Planning
Private Landlords: FROM APRIL 6th 2020 – MORTGAGE INTEREST IS FULLY DISALLOWED AND REPLACED WITH A MAXIMUM OF A 20% TAX CREDIT. So what exactly are the ‘Section 24’ Tax Changes? The Section 24 tax changes restrict tax relief for finance costs...
by Ben Rose | Feb 26, 2020 | Featured, Landlord Tax Planning
News of a ‘secret unit’ set up to look at Family Investment Companies (FICs) has been circulating in the national press. HMRC quoted in the FT said that its purpose is: “to look at FICs and do a quantitative and qualitative review into any tax risks associated with...
by Ben Rose | Dec 13, 2019 | Featured, Landlord Tax Planning
April 2020 marks the beginning of the fourth and final year for the staged implementation process of Section 24, and an end to private landlords being able to claim finance costs as a tax-deductible expense. Meanwhile the UKs tax payment on account system means...
by Julie Hughes | Oct 16, 2019 | Featured, Landlord Tax Planning
“Over several meetings I learned to understand the importance of a business plan, business model and business structure through to succession planning. When they had opened my eyes to the bigger picture I decided to invest time and money to be part of their community....
by Julie Hughes | Oct 8, 2019 | Featured, Landlord Tax Planning
The Income Tax Act 2007 (section 836) allows for income from properties that are jointly owned by married couples or civil partners that live together, to be legally split 50/50. However, whilst most landlords are aware that income can be shared equally by married...
by Ben Rose | Jun 25, 2019 | Blog, Featured, Landlord Tax Planning
Leave behind a professional business that your heirs can inherit intact 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...
