Tag: CGT

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Buy to let strategy – the 20% liquidity reserve rule of thumb

Author: Mark Alexander

3rd December 2010, 16 years ago | 8

This rule of thumb is very simple.  If you have £100,000 of buy to let mortgages you should have £20,000...

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Taxman tightens up residence rules on second homes

Author: Mark Alexander

26th November 2010, 16 years ago | 0

The taxman has confirmed The Money Centre’s long-held suspicion that HMRC is chasing property investors suspected of ‘flipping’ homes following...

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Inheritance Tax FAQ.

Author: Mark Alexander

12th November 2010, 16 years ago | 0

The 30 million people in the UK who do not have a will are letting the government grab a large...

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Taxing decisions to make when inheriting a home.

Author: Mark Alexander

12th November 2010, 16 years ago | 0

Inheriting a property means making some important decisions that have lifestyle, tax and other financial consequences.

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Taxman won’t take estate planning on trust. Property investors with portfolios with values exceeding the IHT single/married thresholds of £325,000 and £625,000 are expected to face higher levels of investigation from HM Revenue and Customs.

Author: Mark Alexander

3rd November 2010, 16 years ago | 0

Wealthy families with complicated inheritance tax (IHT) avoidance schemes are the likely targets of tax ‘hit squads’. Property investors with...

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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, 16 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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The history of No Money Down and Instant Remortgages since 1992

Author: Mark Alexander

28th October 2010, 16 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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Gifting a home to family can cost a fortune

Author: Mark Alexander

28th October 2010, 16 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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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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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...

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What you shouldn’t do – buy to let mortgage advice

Author: Mark Alexander

27th October 2010, 16 years ago | 1

Buy to let mortgage advice Many investors have become cashflow beneficiaries of the ‘Credit Crunch’ due to the lowest interest...