ray selley

Registered with Property118.com
Tuesday 1st July 2014


Latest Comments

Total Number of Property118 Comments: 83

ray selley

6 months ago
Pressure HMRC on CGT when reinvesting?

Reply to the comment left by John Frith at 28/12/2017 - 13:33
It was the then Government that changed the rules on CGT not HMRC so no point in trying to pressure them... Read More

ray selley

A year ago
Tax advantages/disadvantages in selling a property company vs selling the properties individually

Entrapreneurs relief is specifically excluded on the disposal of shares in a BTL company... Read More

ray selley

2 years ago
Litigation Looms For Greedy Letting Agents

It's certainly opened my eyes Ros. I use various ARLA letting agents and I'm shocked at the fees being charged. The worst fees are charged by two of the largest letting agents in the uk.For example" ref fee, set up fee, contribution to tenancy agreement for two adults £558" plus another £330 from me for my contribution from the first months rent. One agent actually charges the tenant £12 to refund any rent over payment and £75 for a pet licence. I have looked at the accounts of both agents and their profits would probably be wiped out without the fees so time for them to draw up new business plans and for me to find new agents... Read More

ray selley

2 years ago
Summer Budget 2015 - Landlords Reactions

Maybe the words LEVEL PLAYING FIELD are the clue... Read More

ray selley

2 years ago
Summer Budget 2015 - Landlords Reactions

Should The look Through Entity become reality and Screwed Trading limited sell some of the companies portfolio then instead of the current 20% corporation tax on any uplift in value they could possibly end up paying 45% income tax [no £11000 CGT allowance of course its a ltd company] even if left in the company... Read More