Andrew

Registered with Property118.com
Sunday 11th February 2018

Trading Status
Sole Owner

Insures properties through a broker recommended by Property118
No


Latest Comments

Total Number of Property118 Comments: 58

Andrew

14:55 PM, 7th January 2021
About 2 weeks ago

12 Days of Property - Tax Planning 2021

Reply to the comment left by Chris Novice Shark Bait at 07/01/2021 - 13:33
Chris
This is a great post and demonstrates one size doesnt fit all. I would also suggest you take a big picture look at what you are doing / being advised.

By all means sell of non performing properties and restructure gearing if it is the optimal thing to do for your business

My advice is take take a wholistic look at all taxes and work several calculations out to find the optimal solution. Mark will do that as part of the process.

Examples of what I mean are
1> Continue as you are until all personal IT losses used up
2> Would you pay less total tax IT CT CGT SDLT by incorporating before all losses used up?
3> What is the optimal timing to begin the process so as IT are used up it switches within a very small timeframe so you arent clobbered with Section 24
4> What possible changes could impact your decisions
5> Depending on age / family circumstances how does this sit with your IHT planning a tax often over looked when worrying about today we forget the whole of life tax cost

Hope thats useful food for thought... Read More

Andrew

11:43 AM, 6th January 2021
About 2 weeks ago

12 Days of Property - Tax Planning 2021

Some great content shared thank you... Read More

Andrew

10:51 AM, 15th October 2020
About 3 months ago

EICR again - Which one is correct?

You may have followed the prior thread on P118 and watched this video with a NAPIT electrician Bill Stiles https://youtu.be/DFgK3uwkLwM who Im sure will comment on this for you

Im not sure how a tester would know if a cable is 50mm deep as it does not involve chasing out walls. The tests use a tester which doesnt measure depth.

This regulation must be for new install guidance - which on a recent project our cables were chased more than 50mm deep... Read More

Andrew

16:43 PM, 10th October 2020
About 3 months ago

Be warned - Use your own electrical contractor?

David

Couldnt agree more with you which is why I recorded this video to help landlords know exactly what to look for and understand the process. https://youtu.be/DFgK3uwkLwM
Property118 also ran a very popular article on the topic here https://www.property118.com/myth-busting-electrical-safety-installations-act-2020/

Hope that proves a useful resource... Read More

Andrew

10:49 AM, 14th September 2020
About 4 months ago

Electric safety certificate/CCU/fuse board

This article covers exactly your query. It seems your electrician is trying to bill you for unnecessary work - See the video from Bill Stiles qualified and competenant electrician and comments in the thread too which cover your exact question - https://www.property118.com/myth-busting-electrical-safety-installations-act-2020/

Hope thats helpful... Read More