Inside Issue #02
- Olympia Government Panel voices optimism for UK housing market
- What does 2019 look like for Landlords? An article by Tony Gimple
- Learn more about subjects that matter to Landlords by watching the latest Property Question time videos
- LT4L nominated for Best Landlord Service Provider ahead of the LLAS/ATLAS PRS Conference in London
- Client Testimonials
Olympia Government Panel: Watch the whole debate
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 MailOnline’s money section, This is Money).
The debate ranged over a wide variety of pertinent topics, such as Brexit and housebuilding, as well as the obstacles homeowners and landlords currently face.
The panel’s three expert panellists were unanimous in voicing optimism for the UK housing market over the next five years, with some of them believing market fundamentals to be strong and supportive, despite apparent political uncertainty in the present.
Mr Duncan Smith, former leader of the Conservative party, used the debate as an opportunity to voice his concern about housing policies implemented in recent years. He believed former Chancellor of the Exchequer George Osborne’s economic policies “had led to landlords scaling back or even leaving the sector entirely”.
If you missed the debate, you can now watch the full 86 minutes here.
Less Tax 4 Landlords also exhibited at the event, and we were thrilled to meet so many landlords and aspiring property investors on the day. If you connected with us at the event, either at our stand or at one of our Tax Talks, we’ve put together a short article explaining what to expect next.
Articles and Announcements
Less Tax 4 Landlords nominated for Best Landlord Service Provider of 2019!
We were proud to be nominated for Best Landlord Service Provider at the London Landlord Accreditation Scheme and ATLAS Conference and Awards Ceremony, that was held at the Radisson Blu Portman Hotel on Fri 29th March.
We had a great evening celebrating with everyone involved in the Private Rented Sector and we congratulate all of the winners. We will be posting a full list of the winners on our website once they are published.
Challenges and Opportunities in the Private Rented Sector – Will 2019 be any different?
Read the latest article from Tony Gimple in the Landlord Investment Show magazine on what landlords should expect in 2019 and what action you should take to maximise the commercial benefits of running a professional property business.
Featured events
Private event for clients & portfolio landlords reviewing their property business with us- Monday 8th April 2019
Looking at Hybrid Business Models as the best long-term option for your property business. Limited Availability, by invitation only.
Property Investor Show 12th & 13th April
Join Less Tax 4 Landlords along with 125+ exhibitors, approximately 75 seminars, presentations and panel debates.
Tony Gimple will be speaking on how to run a tax-efficient professional property business at 12.10 in room 5 on Friday 12th and 13.05 in room 7 on Saturday 13th.
Event Summary- Dates for your diary
April
- Monday 8th April – Our Private Seminar Event for Portfolio Landlords
- Tuesday 9th – NLA Southgate
- Friday 12th & Saturday 13th – Property Investment Show
- Tuesday 16th – Female Property Alliance, London
Questions for Tony in this episode include:
1) My accountant says that by 2020/21 my tax bill will be higher than my profit. Could this be true?
2) Is it true that because of Section 24 and the new Prudential Regulation Authority buy-to-let rules, lenders now want to see business plans and mortgages for all properties? Is it easier if I am a Ltd company?
Questions for Tony in this episode include:
1) Where do I stand on Capital Gains Tax if I try to buy a Buy To Let property with cash, put it in my children’s names (all under 18) and use their annual tax free income allowance?
2) Can a landlord over charge council tax to a tenant?
Questions for Tony in this episode include:
1) We have three Buy To Let properties with no mortgages. I’m a higher rate tax payer. What are my options with regards to [my] properties?
2) Can you claim tax relief for built in white goods on both furnished and unfurnished rentals?
Question of the Month & Publications
If I choose to work with you, how long until my business will become tax effective?
Once you have instructed us and we are in possession of all the relevant information, in almost every case your business structure will be ready to go and effective for tax purposes within five working days.
Have a question you’d like answered?
Recent Articles & Publications we’ve been featured in:
What our clients say…
“I first encountered Less Tax 4 Landlords at a Property Conference along with other rival companies. During their presentation I quickly realised that their eye-catching slogan (Less Tax 4 Landlords) was part of a much bigger and extensive organisation, supported by three professional companies including The Bailey Group Chartered Accountants which made them stand out from the competition as they provided a comprehensive range of professional Landlord services that others did not.
Over several meetings with LT4L 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.“
Steve (London)
Red
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