Tag: Capital Gains Tax

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Making sure a selling price adds up for capital gains. Property investors must know the break-even figure to set the asking price and to negotiate with a prospective buyer who makes an offer

Author: Mark Alexander

28th October 2010, 15 years ago | 0

House sellers need to do their sums before accepting an offer on a property investment to make sure the figures...

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Property investors must act to avoid 40% tax bill

Author: Mark Alexander

28th October 2010, 15 years ago | 0

The best laid Tory plans to boost inheritance tax (IHT) thresholds to £1 million after the election were shelved as...

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The history of No Money Down and Instant Remortgages since 1992

Author: Mark Alexander

28th October 2010, 15 years ago | 8

It was 1992, we were at the tail of the property crash of the late 80’s and early 90’s. I was...

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Nine excuses why property investors don’t make tax returns

Author: Mark Alexander

28th October 2010, 15 years ago | 0

Many property owners are confused over whether they should declare the money they earn from letting. Here’s a list of...

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Gifting a home to family can cost a fortune

Author: Mark Alexander

28th October 2010, 15 years ago | 0

Gifting property to families or loved ones without triggering a cluster bomb of taxes is never simple. Take two sisters...

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What’s more important, cashflow or liquidity? Mark Alexander reports

Author: Mark Alexander

27th October 2010, 16 years ago | 0

Cashflow is simply defined as regular income. Positive cashflow is when income exceeds expenditure and you make a profit. So...

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Capital Allowances FAQ for property investors. Our tax partner Steve Sims has produced this superb guide

Author: This article was written by guest author - Steve Sims

27th October 2010, 16 years ago | 0

Capital allowances are mind-numbingly complicated and even confuse some accountants, but making the effort to unravel obscure tax points can...

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Do you have Capital Gains Tax to pay on your property? It’s no good sitting tight and hoping the tax man won’t find out about any property capital gains because you could face a fine if you don’t let your tax office know by October 5

Author: Mark Alexander

27th October 2010, 16 years ago | 0

Capital Gains Tax (CGT) is not an opt-in process – if you have made a gain and do not already...

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Property investors owe £200 million in uncollected tax. Property investors who have failed to declare their tax account for £200 million of the missing £42 billion HM Revenue and Customs failed to collect last year because of evasion, and mistakes

Author: Property118.com Landlord News Team

27th October 2010, 16 years ago | 0

The latest figures for uncollected tax reveal property investors owe £142million from undisclosed letting income and £55million evaded in undeclared...

Is your property portfolio ownership structure optimised to enable you to pay the minimum amount of CGT, income tax and IHT?

Author: Mark Alexander

27th October 2010, 16 years ago | 14

In this article I look at the differences between owning property as joint tenants, tenants in common or as individuals....

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Property investors pile up millions in wasted tax payments. Property investors are big contributors to the huge £552 million mountain of wasted cash that is piling up because of poor capital gains tax planning

Author: Property118.com Landlord News Team

27th October 2010, 16 years ago | 0

The latest capital gains tax (CGT) increase announced by the Chancellor George Osborne in June has added a massive £36...

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Property investors and the HMRC PAYE tax code bungle

Author: Property118.com Landlord News Team

27th October 2010, 16 years ago | 0

Millions of landlords and property investors are tied up in the HM Revenue and Customs PAYE code bungle and may...

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What sort of property business do you run? This is the first in a series of articles that we will be running in Landlord News explaining how to optimise the ownership structure of your property business for tax purposes

Author: Mark Alexander

27th October 2010, 16 years ago | 2

Building on the success of a property business involves much more than managing tenants in rental homes. Many investors start...

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Does anyone know how much tax they should pay? Landlords and property investors face a confusing time with their tax returns as most do not have a clue as to what they can claim against tax and how to work out their income tax. Most find capital gains tax an impenetrable nightmare and few understand how to keep the right financial records to back up rental accounts and tax claims

Author: Property118.com Landlord News Team

27th October 2010, 16 years ago | 0

Tax is obviously too taxing for most people as around 1.4 million UK workers have to repay an average of...

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Dangers of signing over property to your family. Quality advice from our tax partner

Author: Property118.com Landlord News Team

27th October 2010, 16 years ago | 0

Signing a home over to family is not an easy solution to tax problems or trying to avoid paying for...

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Handling a property tax compliance investigation or “compliance check”. Our specialist tax and accountancy partner provides useful insight and guidance

Author: Property118.com Landlord News Team

27th October 2010, 16 years ago | 0

More and more investors and landlords who have not owned up about their property profits are under scrutiny from the...

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Landlords eager to expand buy-to-let portfolios. Report from LSL Property Services

Author: Property118.com Landlord News Team

27th October 2010, 16 years ago | 0

One in four buy to let landlords have solid confidence in property investment and believe now is a good time...

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New rules threaten holiday home tax perks

Author: Property118.com Landlord News Team

27th October 2010, 16 years ago | 0

Second home and holiday let owners are set to lose lucrative tax breaks worth thousands of pounds in a proposed...

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Property tax exiles could face big UK bills

Author: Property118.com Landlord News Team

27th October 2010, 16 years ago | 0

Thousands of property tax exiles could face huge bills if a billionaire businessman loses his long-running tax battle with HM...