Landlord Tax Planning Software

by Mark Alexander

17:37 PM, 3rd June 2016
About 2 years ago

Landlord Tax Planning Software

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Landlord Tax Planning Software

Tax Planning is the core business activity of Property118 Limited.

Our landlord tax analysis software is used by 100’s of accountants throughout the UK to compare their clients current business structure to what it would be in a Limited Company.

We made it incredibly easy to use, although it can appear quite daunting at first glance because it performs literally thousands of computations which would take weeks to do using a regular calculator, and that’s assuming you are a fully qualified accountant specialist in property taxation.

All YOU have to do is enter details of your properties and the share you own in them, plus details of any other income you have, and the software will produce a side by side computation to show you the difference between staying as you are or incorporating your business. You will see how much tax you will pay each year in both scenarios and also calculations of the effective tax rate based on your income from all sources.

You can also “stress test” your portfolio to see how interest rate rises and and other external factors factors could affect your profits. The new tax legislation is, of course, built into the software.

You can even add factors into the calculations such as inflation on rents and other costs with just a few clicks on your keyboard.

The software also calculates how much your net sale proceeds would be if you were to sell-up and what the costs of incorporating your business would be, including CGT and SDLT. The software is even smart enough to tell you what tax reliefs you are entitled to and you can even stress test future tax bands and tax rates if numbers is your thing.

To download a copy of this software (for personal use only) comes at a one-time investment of just £97.

Our guarantee of total satisfaction or your money back applies.

Purchase the Property118 Tax Software

  • Price: £ 97.00
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Comments

Mark Shine

19:49 PM, 5th June 2016
About 2 years ago

@MarkA: At this stage of the game, do you think that the £97 for this spreadsheet is money better spent, for the average LL, than contributing the same amount towards giving JR a fighting chance?

Mark Alexander

20:07 PM, 5th June 2016
About 2 years ago

Reply to the comment left by "Mark Shine" at "05/06/2016 - 19:49":

They are too very different things Mark.

Between us, Neil and I have given £1,100 to the JR campaign despite tax planning being in place and as a result of that I'm living in Malta.

If you can only afford one or the other I'd suggest you look at moving to a tax haven yourself and selling some properties in order to improve your liquidity.
.

Mark Shine

21:01 PM, 5th June 2016
About 2 years ago

Yes Mark if my situation were different I'd probably be following you there, and a tax efficient emigration was always the plan but sadly (or rather happily) life kind of got in the way and not currently too keen on uprooting our 4 yr old daughter.

Ana Martinez-Fernandez

6:14 AM, 7th June 2016
About 2 years ago

Hi Mark. I take it that future additions and upgrades to the above spreadsheets will be able to be downloaded as part of the initial £97 fee?

Ana Martinez-Fernandez

6:42 AM, 7th June 2016
About 2 years ago

Further to my message above, I see that the fee cover upgrades, thank you

Chris Novice Shark Bait

13:29 PM, 21st September 2016
About 2 years ago

I have spent the last couple of weeks inputting our portfolio which 2 of us own in varying shares. I own 3 @100%. There is only an option in personal details for either shared ownership or sole but not a mixture. At first I though it would be cleverer than it is and apportion all inputs (rent/mortgage interest/balance of mortgage loan etc) according to the stated shares. When I realised it did not do this I started again and apportioned these costs and receipts as inputs. Before doing this I got some rubbish ins and outs and incalculable results.
The % share comes into its own in calculating the CGT thereafter I am pleased to say. It does not pay any heed to carry forward losses which initially have a protective function but get "stolen" away rapidly. Without them the impact on me is dire. After they are gone the impact is dire, but hopefully by then The JR will get the go ahead and I hope this will not be retro-acitvely applied, or I will be selling some properties.
In the introduction page we are urged to read other people's comments, but see there are not any unless on another thread which I have missed. If this is the case could someone please redirect me.
If and when there are updates, how will I know? Thanks.

Andrew Hammond

8:24 AM, 4th November 2016
About 2 years ago

Hi Chris, I have the same problem. Need to get to grips with how best to enter personal detail as I have 3 properties 100% in my name, 1 joint with my wife and 2 100% in my wife's name only. Not sure how to input personal details as we pay tax at different rates too?
Spread sheet looks at each individual?
If joint properties, need to split the income/expenditure figures and add to each individual?
Anyone able to help?

Chris Novice Shark Bait

10:19 AM, 4th November 2016
About 2 years ago

Not had a reply myself Andrew. I wanted to play around with beneficial interest shifts in varying proportions on my 50:50s. I did a 90:10 but had to calculate share of mortgage and rents myself and enter again. Rather tedious but seems to work. I was hoping for an update some time soon.

Would be grateful if Mark Alexander could comment.

Chris

Mark Alexander

19:07 PM, 4th November 2016
About 2 years ago

I hadn't subscribed myself to this particular thread so was unaware of these comments until now, oops, sorry!

I will read all comments and reply as best I can over the weekend.
.

Mark Alexander

19:22 PM, 4th November 2016
About 2 years ago

Reply to the comment left by "Ana Martinez-Fernandez" at "07/06/2016 - 06:14":

Hi Ana

Yes, any amendments to the software are included in the £97 fee.
.

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