Vero streetflat
Vero streetflat
Registered with Property118.com
11th July 2015
Total Posts
0
Total Comments
15
Registered with Property118.com
11th July 2015
Total Posts
0
Total Comments
15
Reply to comment left by Rose Rose at 07/07/2020 - 21:07
Adrian I expect in this instance it migth be allowable - HMRC allows an SSAS to lend working capital to businesses, which may include residential property development businesses. Loan should be repaid when the development is complete/units sold but definitely...
Read More →Reply to comment left by Mark Alexander at 29/08/2019 - 08:50
Reply to the comment left by Mark Alexander at 29/08/2019 - 08:50Hello Mark. Yes, shares in Exempt Property Unit Trusts (and REITS), can be held by SSASs and SIPPs. As expected though, HMRC set out strict rules for EPUTS when...
Read More →28th August 2019, 7 years ago
I have to agree with Craig - there are so many benefits for companies in establishing an SSAS pension scheme. An SSAS is more flexible and allows much greater control than a SIPP, or other personal pension scheme. Existing personal...
Read More →Reply to comment left by Richard Peeters at 28/08/2019 - 08:47
Reply to the comment left by Richard Peeters at 28/08/2019 - 08:47Richard - SSAS schemes are regulated by The Pensions Regulator (SIPPs are regulated by the FCA). Ultimately it is HMRC regulation that restricts how and in what an SSAS...
Read More →27th August 2019, 7 years ago
Craig - I’ve used ssaspractitioner.com for my company’s SSAS for around 6 years (I am administrator) & would also recommend them. Peter - an SSAS is not permitted to OWN several categories of investments, including residential property (or jewellery, watches,...
Read More →Reply to comment left by Ros . at 22/07/2015 - 08:48
Reply to the comment left by "Ros ." at "22/07/2015 - 08:48": Re OECD BEPS Action 4 - to clarify, I should have used the word limit. The lack of limit to interest/debt cost deducted from tax in the UK...
Read More →22nd July 2015, 11 years ago
Is anyone aware of the OECD BEPS (Base Erosion Profit Shifting) Action 4? BEPS is targeted at global corporations, but I wonder if it may eventually affect UK business taxation? I've left lots out, but the main point I see...
Read More →Reply to comment left by Monty Bodkin at 19/07/2015 - 13:16
Reply to the comment left by "Monty Bodkin" at "19/07/2015 - 13:16": Thank you Monty. This forum seems to accommodate a wide divergence of opinions, which is so healthy. Now - I'm off to prep for and check in a...
Read More →Reply to comment left by Monty Bodkin at 19/07/2015 - 10:00
Reply to the comment left by "Monty Bodkin" at "19/07/2015 - 10:00": —————————————————————————————————— Monty Bodkin says: 19/07/2015 at 10:00 —————— Reply to the comment left by “Vero streetflat” at “19/07/2015 – 09:48“: To clarify, in case of confusion, I was...
Read More →Reply to comment left by Monty Bodkin at 19/07/2015 - 09:41
Reply to the comment left by "Monty Bodkin" at "19/07/2015 - 09:41": ----------------------------------------------------------------------------------- Reply to the comment left by "Monty Bodkin" at "19/07/2015 - 09:41": ----------------------------------------------------------------------------------- My capital repayment mortgages have never been tax deductible – Landlords with capital repayment...
Read More →Reply to comment left by Appalled Landlord at 18/07/2015 - 17:57
Reply to the comment left by "Appalled Landlord" at "18/07/2015 - 17:57": --------------------------------------------------------------------------------------------- Reply to the comment left by “Mark Shine” at “17/07/2015 – 20:01“: Hi Mark I want to retire from this business and get my life back, so...
Read More →Reply to comment left by Appalled Landlord at 18/07/2015 - 17:00
Reply to the comment left by "Appalled Landlord" at "18/07/2015 - 17:00": --------------------------------------------------------------------------------------------------------------- In the light of your reply today, I will re-phrase my second question: Do you think our interest should stop being deductible just because we hold the...
Read More →Reply to comment left by Appalled Landlord at 12/07/2015 - 00:37
Reply to the comment left by "Appalled Landlord" at "12/07/2015 - 00:37": ————————————————————————————————— Appalled Landlord says: 12/07/2015 at 00:37 Reply to the comment left by “Vero streetflat” at “11/07/2015 – 17:56“: Are you saying that your property is owned by...
Read More →18th July 2015, 11 years ago
--------------------------------------------------------------------------------------------------- Appalled Landlord says: 12/07/2015 at 00:37 Reply to the comment left by “Vero streetflat” at “11/07/2015 – 17:56“: Are you saying that your property is owned by your company? If so, can you explain why you think that all...
Read More →11th July 2015, 11 years ago
I agree with Simon ("There will be tax planning opportunities which will present themselves as the situation becomes clear. Until we have the whole story, in the words of the book, DON’T PANIC") I don't mind paying my fair share...
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