Tax & Accountancy Archives - Page 8 of 10

Red Hot Tax Tip – get tax relief on your personal mortgage

4th January 2011, 15 years ago | 0

For married couples and civil partnerships. EXAMPLE You sell shares in your family company to your spouse for an amount...

My Annual Tax Rant

Author: Mark Alexander

3rd January 2011, 15 years ago | 11

It’s coming up to that time of year when I have to pay my taxes again. That means I have...

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Keeping your property business cash flowing

Author: Mark Alexander

13th December 2010, 15 years ago | 0

Buy to let may be booming now – but many full time property investors are still feeling the pinch from...

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Landlords running out of time to beat tax deadline

Author: Property118.com Landlord News Team

13th December 2010, 15 years ago | 0

Landlords who need to file an online tax return to meet the January 31 deadline are running out of time....

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More landlords can expect to pay 40% tax

Author: Property118.com Landlord News Team

13th December 2010, 15 years ago | 0

More landlords can expect to pay higher rate tax from next April thanks to new income tax rates published with...

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Treasury crackdown to tackle £2 billion tax cheats

Author: Property118.com Landlord News Team

13th December 2010, 15 years ago | 0

The Treasury announced new tax avoidance measures aimed at raising at extra £2 billion in tax over the next four...

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A guide to offsetting training expenses against rental income

Author: Mark Alexander

13th December 2010, 15 years ago | 4

Improving knowledge and skills to make more money is one of the common traits of buy to let investors who...

Running a buy to let business as a limited company

Author: Property118.com Landlord News Team

26th November 2010, 15 years ago | 18

Buy to let landlords making big rental profits and looking to save tax often flirt with the idea of running...

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Landlords lose out by paying cash-in-the-hand

Author: Mark Alexander

26th November 2010, 15 years ago | 0

Paying tradesmen for cash in the hand jobs seems like a good idea at the time – but ends up...

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Stressed out taxman writes off bills for 1.9 million

Author: Mark Alexander

26th November 2010, 15 years ago | 4

The taxman has finally come a cropper in the game of brinkmanship played on claiming unpaid tax right on the...

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Taxman tightens up residence rules on second homes

Author: Mark Alexander

26th November 2010, 15 years ago | 0

The taxman has confirmed The Money Centre’s long-held suspicion that HMRC is chasing property investors suspected of ‘flipping’ homes following...

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Tax deadline is fast approaching for landlords

Author: Mark Alexander

24th November 2010, 15 years ago | 0

The tax countdown clock is ticking for landlords who have less than 50 working days left before the January 31,...

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HMRC gets tough over late £100 fines for late tax returns

Author: Mark Alexander

24th November 2010, 15 years ago | 0

HM Revenue & Customs (HMRC) has issued a warning to anyone who hasn’t yet sent in their self-assessment tax return...

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HMRC task force chases landlords for unpaid tax

Author: Mark Alexander

17th November 2010, 15 years ago | 0

Landlords are in the firing line of a new HM Revenue and Customs charge to collect unpaid tax. HMRC is...

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Landlords to pay more tax as HMO loophole closes.

Author: Mark Alexander

12th November 2010, 15 years ago | 0

New guidelines for shared house owners have put a stop to most claims from property investors for capital allowances that...

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Inheritance Tax FAQ.

Author: Mark Alexander

12th November 2010, 15 years ago | 0

The 30 million people in the UK who do not have a will are letting the government grab a large...

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Taxing decisions to make when inheriting a home.

Author: Mark Alexander

12th November 2010, 15 years ago | 0

Inheriting a property means making some important decisions that have lifestyle, tax and other financial consequences.

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Taxman won’t take estate planning on trust. Property investors with portfolios with values exceeding the IHT single/married thresholds of £325,000 and £625,000 are expected to face higher levels of investigation from HM Revenue and Customs.

Author: Mark Alexander

3rd November 2010, 15 years ago | 0

Wealthy families with complicated inheritance tax (IHT) avoidance schemes are the likely targets of tax ‘hit squads’. Property investors with...