Tax Questions

		Statistics	Last Post
Hoiday Lets for less than 70 days a year by chalkie Started by chalkie, 13-05-2015, 21:09 PM	11 responses 967 views 0 likes	Last Post by jpkeates 16-05-2015, 10:08 AM
Accountant question by philip cooper Started by philip cooper, 07-04-2015, 19:55 PM	29 responses 3,090 views 0 likes	Last Post by jpkeates 16-05-2015, 10:05 AM
What accountancy basis do you use and what return do you file? by philip cooper Started by philip cooper, 15-05-2015, 12:21 PM	1 response 389 views 0 likes	Last Post by jpkeates 15-05-2015, 12:41 PM
limited company to manage your portfolio by monteithpropery Started by monteithpropery, 11-05-2015, 18:23 PM	3 responses 651 views 0 likes	Last Post by Gordon999 12-05-2015, 15:16 PM
Discretionary trust? by bobcat Started by bobcat, 02-05-2015, 09:00 AM	2 responses 667 views 0 likes	Last Post by bobcat 11-05-2015, 15:43 PM
Tax when nothing left over by Rich1880 Started by Rich1880, 11-05-2015, 11:57 AM	5 responses 682 views 0 likes	Last Post by jpkeates 11-05-2015, 14:33 PM
Taxable compensation awarded to LL by deposit schemes by duckpond Started by duckpond, 06-05-2015, 18:12 PM	6 responses 730 views 0 likes	Last Post by jpkeates 11-05-2015, 14:19 PM
Taxes and Plans for the Future by Claymore Started by Claymore, 10-05-2015, 10:36 AM	4 responses 665 views 0 likes	Last Post by jpkeates 11-05-2015, 11:12 AM
BTL + Ltd Company by Mutatio Started by Mutatio, 06-05-2015, 16:29 PM	8 responses 793 views 0 likes	Last Post by Mutatio 09-05-2015, 08:07 AM
CGT / Stamp duty Liability - commercial to residential by chloe_1775 Started by chloe_1775, 06-05-2015, 19:32 PM	1 response 489 views 0 likes	Last Post by Gordon999 07-05-2015, 13:19 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
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 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
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
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 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

Latest Topics