Simon Lever

Registered with
Monday 15th June 2015

I am an experienced Chartered Accountant with an interest in all property matters. I have many clients who have portfolios of properties. We assist them in managing their properties so that they are tax efficient and structured so that our clients can achieve their long term goals with property ownership. If you are a property owner who does not feel that their current accountant understands the property market or the best tax advice that can be given then visit our web site and book a free 15 minute online zoom meeting with me to discuss your concerns.

Latest Comments

Total Number of Property118 Comments: 127

Simon Lever

18:02 PM, 28th June 2021, About 3 months ago

Refund of SDLT surcharge upon sale to Ltd company?

Leave the first name blank, or just put in a space and put the full limited company name, including Limited, in the last name.... Read More

Simon Lever

17:59 PM, 28th June 2021, About 3 months ago

Had to pay solicitor to prove I don't own the Council's land!

If the council insit the trees are yours write to them and tell them you are chopping them down for fire wood.

They will soon discover who actually owns them!... Read More

Simon Lever

15:37 PM, 17th May 2021, About 4 months ago

Portfolio Landlords: Now is the time to sell your properties for the best price

Reply to the comment left by dismayed landlord at 14/05/2021 - 18:15
Don't worry DL
The question is more to do with selling to related parties than anything else. As you would be selling to a non-related purchasor, with no connected transactions, it is easy to show thart the price is actually a market price. The price is not a reduced price as you would be selling with a tenant in place and marking it for a quick sale. These items alone would mean the price you recive is a market price.... Read More

Simon Lever

19:09 PM, 9th April 2021, About 6 months ago

Councils using 'Intelligence' to track down low EPC properties and fine £5,000

I have a property that was my mother's before she passed away and is currently let out.
EPC in 2008 was a C (80) with a potential to rise to a B(82) on the certificate.
Reassessed in 2018 with a rating of D(65) and a potential of D(65).
This is in a block of flats built about 20 years ago.
The only change, made by my mother, was to change the inefficient gas boiler to an efficient electric boiler.
Guess I may have to change it back to a gas boiler before 2025.... Read More

Simon Lever

18:37 PM, 21st March 2021, About 6 months ago

Selling a company with real estate portfolio?

There are some planning opportunities apart from just selling the whole company.
It depends on the timescale you are willing to look at and your personal circumstances.
• Selling one or more garages still in the company and making pension contributions in your name and if appropriate family names to reduce corporation tax to nil.
• Take the money you have input out with no consequences.
• Give shares to family and use the £2,000 nil rate dividend band to not pay tax on this income.
• Use the proceeds to buy back some of the shares making the extraction a capital gain. If necessary, issue more shares as a bonus issue if the reserves are available.
• Use a combination of the above.
There are other ways but these are the simplest.
This is not advice but just some thoughts.... Read More