Tax & Accountancy

How Good Is Your Accountant? Essential Questions for Landlords

Author: Mark Alexander

25th December 2024, 1 year ago | 6

I highly recommend that all landlords ask their accountant one very simple question. The answer will reveal whether your accountant...

Making Tax Digital – Maximum efficiency option?

Author: Readers Question

8th April 2024, 2 years ago | 17

As landlords, we are forever accommodating new changes, a major procedural one will be the switch to (Make Tax Digital)...

DOUBLE WHAMMY FOR LANDLORDS Interest Rate Rises AND Section 24

Author: Property118.com Landlord News Team

17th November 2023, 2 years ago | 0

Until the recent interest rate rises started to bite into cashflow, many larger portfolio landlords had taken the decision to...

CGT figures highlight a landlord exodus is underway

Author: Property118.com Landlord News Team

7th August 2023, 3 years ago | 2

New government figures on Capital Gains Tax (CGT) point to a significant number of landlords leaving the buy to let...

Tax return information in a matter of seconds

Author: [email protected]

25th May 2023, 3 years ago | 0

Preparing your annual tax information for your accountant can be a very time-consuming exercise! Alphaletz has just released a new...

Accountants are on their knees

Author: Henrietta Brown

6th February 2023, 3 years ago | 0

For the last few months Accountants have been focused on filing tax returns for their clients. It’s an annual sacrifice...

Can Property Investment Companies Claim The 19% Corporation Tax Small Profits Threshold?

Author: Mark Alexander

3rd January 2023, 3 years ago | 6

In our view, the answer is YES, property investment companies can claim the 19% Corporation Tax ‘Small Profits Threshold’. This...

Government urged to scrap holiday let tax breaks by advisor

Author: Property118.com Landlord News Team

3rd November 2022, 3 years ago | 16

A government adviser is urging the scrapping of tax perks for holiday lets which could see tax bills increasing by...

Is the Tax Man taking a huge bite out of your rental income?

Author: Mark Alexander

20th November 2021, 4 years ago | 0

Are you one of those people who is now wishing that you had sought professional tax advice from us several...

Introducing Property118 TV

Author: Mark Alexander

9th May 2020, 6 years ago | 3

Property118 TV has launched on YouTube. An 8 minute introductory video explains what the Property118 TV channel is all about...

Mixed LLP Case Study = Huge Tax Benefits For Landlords

Author: Mark Alexander

14th October 2019, 7 years ago | 0

If you own some properties in your own name and others within a Limited Company, please read this Case Study...

Our webinar about LLP’s is now available on demand

Author: Mark Alexander

6th April 2019, 7 years ago | 0

This 64 minute webinar, recorded live on 6th April 2019 is now available to view on demand and free of...

Don’t forget to declare your Directors salary by 5th April

Author: Mark Alexander

26th March 2019, 7 years ago | 0

Tax Efficient Extraction of Profit From Companies For 2018/19 For many years accountants and tax advisers have suggested that director/shareholders...

Gifting a Directors Loan for IHT purposes

Author: Readers Question

28th February 2019, 7 years ago | 0

James asked …. I asked some accountants about the directors loan in a company and they said you could gift...

Limited Liability Partnership “LLP” LANDLORDS’ CASE STUDY

Author: Mark Alexander

7th February 2019, 7 years ago | 0

Bob and his brother Richard own six rental properties in a Limited Company, another six in joint ownership and three...

Will you pay tax on your finance costs this year?

Author: Mark Alexander

19th January 2019, 7 years ago | 0

If you are due to pay tax on your finance costs by 31st January 2019 I have some very bad...

Selling property without paying CGT

Author: Mark Alexander

17th January 2019, 7 years ago | 0

Two scenarios regularly pitched to me during tax planning consultations are:- 1) We want to sell some of our properties...

Freezer Shares and IHT planning for incorporated landlords

Author: Neil Patterson

23rd November 2018, 7 years ago | 0

Freezer shares provide an opportunity for owners of property companies to cap the value of the shares for IHT planning...