Mark Alexander

Registered with Property118.com
Monday 17th January 2011

Location
Online - founder of Property118.com

Specialisms
Declarations Of Trust

Member of The Landlords Union

Trading Status
Partnership

Insures properties through a broker recommended by Property118
Yes

Rating of Broker (1 - 5 where 5 is the highest)
5

Review of Broker
What I like best about Property118 Landlord Insurance is the price and efficiency at the point of renewal. I've only made two claims, one of which was for substantial fire damage. Both were handled very efficiently.


Latest Comments

Total Number of Property118 Comments: 10961

Mark Alexander

20:14 PM, 16th January 2019
About A day ago

Is Class 4 NIC due on a UK property tax return?

Reply to the comment left by R S at 16/01/2019 - 20:04
Sadly, the HMRC manual you have quoted is at odds with this one https://www.gov.uk/hmrc-internal-manuals/property-income-manual/pim1020

Professional advice is becoming a must these days, and it is essential the person giving that advice has professional indemnity insurance... Read More

Mark Alexander

20:07 PM, 16th January 2019
About A day ago

Is Class 4 NIC due on a UK property tax return?

The forms to register a partnership with HMRC do make defence to NIc’s and allude to them being compulsory. However, the forms assume a trade applies, which is rare for a property investment business. Accordingly, class 2 NIC’s are optional. See the link I posted to the ICEAW website above, which explains this is far greater detail... Read More

Mark Alexander

9:56 AM, 16th January 2019
About 2 days ago

Is Class 4 NIC due on a UK property tax return?

Reply to the comment left by AA at 15/01/2019 - 18:26
I'm not at all surprised that you're completely bamboozled, I was too when I first looked into this and I've been in the business of property, finance, tax and law for three decades!

The article that Mark Smith (Cotswold Barristers) and Neil Barlow (Pacific Limited Chartered Accountants) were referring to in the comments Neil Patterson has quoted first appeared on the Tax Faculty website of the Institute of Chartered Accountants England and Wales. A link to that article can be found below.

https://ion.icaew.com/taxfaculty/b/weblog/posts/propertylettingandnationalinsurance... Read More

Mark Alexander

13:59 PM, 15th January 2019
About 3 days ago

Mark Alexander

17:50 PM, 2nd January 2019
About 2 weeks ago

Guardian accuses Landlords of 'ripping off' Councils

I always find it interesting to read that Maggie Thatcher is responsible for selling off the Council Housing stock.

Did the champagne socialists who followed reverse her policy? Did they re-borrow all the money the Conservatives reduced the National Debt by to reinvest into building new Government owned housing stock?

No! They did not!

Instead they sold off the Nations Gold and wasted that money too, and then handed number 10 and 11 back to the Conservatives with an even bigger deficit.

To be fair though, the Blair years were the best years to make money I’ve known in my lifetime.... Read More