Tax Questions

		Statistics	Last Post
Apportionment of costs by drdes Started by drdes, 22-07-2015, 08:13 AM	7 responses 636 views 0 likes	Last Post by jpkeates 24-07-2015, 14:03 PM
Can I claim costs of property I didn't end up buying by slee Started by slee, 23-07-2015, 22:08 PM	3 responses 492 views 0 likes	Last Post by King_Maker 24-07-2015, 07:52 AM
Mortgage interest relief and a trust by philip cooper Started by philip cooper, 23-07-2015, 21:10 PM	0 responses 457 views 0 likes	Last Post by philip cooper 23-07-2015, 21:10 PM
rental profits allocation - joint owners- not married- s1030 property income manual by EddieC Started by EddieC, 20-07-2015, 13:26 PM	9 responses 1,150 views 0 likes	Last Post by King_Maker 23-07-2015, 10:10 AM
Allowable expenses by CarefullyDone Started by CarefullyDone, 21-07-2015, 11:26 AM	5 responses 1,478 views 0 likes	Last Post by CarefullyDone 22-07-2015, 09:03 AM
Major works - allowable or not? by JakubL Started by JakubL, 21-07-2015, 14:10 PM	4 responses 586 views 0 likes	Last Post by JakubL 21-07-2015, 16:51 PM
Rent-a-Room: Rent Query by Sparra Started by Sparra, 14-07-2015, 12:46 PM	16 responses 1,595 views 0 likes	Last Post by JakubL 21-07-2015, 14:37 PM
Tax advice please by hbr Started by hbr, 20-07-2015, 22:03 PM	1 response 354 views 0 likes	Last Post by King_Maker 20-07-2015, 22:53 PM
Windows on recently bought but let property, capital gains tax or not? by fix Started by fix, 16-07-2015, 18:54 PM	11 responses 1,065 views 0 likes	Last Post by fix 18-07-2015, 16:40 PM
New landlord - what can be claimed? by Impactive Started by Impactive, 16-07-2015, 09:09 AM	1 response 384 views 0 likes	Last Post by jpkeates 16-07-2015, 09:30 AM

Advice

by jhoggard

Hi,

I currently have a property rented out in my own name with a fair bit of equity around 50% LTV this is actually a repayment mortgage which i'm looking to switchover to a interest only. When i do this i'm also taking money out of the property to put towards another which i'm looking...
- Channel: Tax Questions
20-01-2022, 14:25 PM
Reply to Advice

by theartfullodger

Depends to a great degree on tax regulations over the coming years. We only know what the rules are today, not what they'll be in future e.g. when you retire

I expect chancellors to cut back on the advantages of people owning property through companies (well, wouldn't you if you were chancellor)...
- Channel: Tax Questions
22-01-2022, 13:06 PM
Reply to Advice

by Gordon999

1. No. You have not sold the property yet

2. 19% on profit by company.

3. Seek advice from accountant.
- Channel: Tax Questions
22-01-2022, 09:36 AM
haring inherited property

by halfax

i am inheriting a property and would like to place half in my grandsons name.
as anyone done similar?...
- Channel: Tax Questions
19-01-2022, 18:12 PM
Reply to haring inherited property

by halfax

thanks for help to everyone who replied, great forum
- Channel: Tax Questions
21-01-2022, 18:55 PM
Reply to Looking for tax / financial advice for a BTL /holiday let long-held portfolio

by ifallelsefails

I watched a webinar from Landlord studio and this man Tony Gimple was featured in it. Have a look at his Linkedin profile:
https://www.linkedin.com/in/tonygimp...alSubdomain=uk
He has a website whereby he consults exactly to your situation:
https://www.bel.gb.net/
...
- Channel: Tax Questions
21-01-2022, 17:13 PM
Reply to Recovering CGT on sale of property

by ifallelsefails

Having read what Gordon999 posted, it sounds just like what you can get via Crowdcube. Most of the businesses seeking funding on Crowdcube are eligible on the EIS scheme and you get shares in these fledgling businesses. I was only interested in Crowdcube because a number of businesses that I know were...
- Channel: Tax Questions
21-01-2022, 17:05 PM
Reply to Expense claim - Name and address in the receipt

by geeksy

Thank you, appreciate your reply.
- Channel: Tax Questions
21-01-2022, 13:21 PM
Expense claim - Name and address in the receipt

by geeksy

Hi,

I need to claim an expense (£1500) for the bathroom and attic renovation work done in the property I let. I have two receipts for the same purchase, one originally issued and the second subsequently issued with additional two items.

One of these has my address on it, not...
- Channel: Tax Questions
20-01-2022, 11:39 AM
Reply to Advice

by jpkeates

1 - Yes, the company will have to buy the property and you will be selling it. So there's a CGT "event" for you and the business will pay SDLT. You need to think about structure if you're going to borrow to grow, most lenders will want one company per property and director's personal guarantees....
- Channel: Tax Questions
20-01-2022, 16:02 PM

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