Tag: Tax

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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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Don’t just leave financial problems when you die. An interesting article from Steve Sims, freelance journalist and author of The Dummies Guide to Property taxation

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

27th October 2010, 16 years ago | 0

In these times of austerity, many people are looking at ways to save money but one expense that is well...

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IFA firm joins forces with The Money Centre

Author: Property118.com Landlord News Team

27th October 2010, 16 years ago | 0

The two firms Directors explain how the relationship will enhance the relationship with, and the service available to, the customers...

Are 8% interest rates scaremongering?

Author: Property118.com Landlord News Team

27th October 2010, 16 years ago | 0

Mark Alexander  explains why, even though rates at these levels are extremely unlikely, high interest rates due to high inflation...

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Paying tax is not an option for buy-to-let landlords. This short eBook, which has been written by our recommended tax and accountancy partners, is an excellent guide for landlords who have yet to file a tax return

Author: Property118.com Landlord News Team

27th October 2010, 16 years ago | 0

Paying tax is not an option – there’s not a box on a self-assessment form for ‘no publicity’ or to...

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The Money Centre’s Portfolio Review Platinum Package is proving to be very popular as a tool to reduce Inheritance Tax for UK resident landlords with 10 or more properties or net worth of over £500,000

Author: Property118.com Landlord News Team

27th October 2010, 16 years ago | 0

We’ve been reviewing our client’s property portfolio’s now for 20 years and making recommendations that have transformed many of our...

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Claiming back Inheritance Tax (IHT) if house prices have dropped

Author: Property118.com Landlord News Team

27th October 2010, 16 years ago | 0

Families and friends of someone who has died that have paid out Inheritance Tax (IHT) on land or a home...

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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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Tax fraud alerts set to trap landlords who are not declaring rental income or are over stating earnings on mortgage application forms. Lenders now sharing information with HMRC

Author: Property118.com Landlord News Team

27th October 2010, 16 years ago | 0

Property investors innocently switching homes or renting them out may fall foul of new measures to combat fraud. Two new...

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IHT simplification results in 80 pages of guidance!

Author: Mark Alexander

27th October 2010, 16 years ago | 0

An effort by the taxman to simplify inheritance tax valuations and forms has resulted in the publication of 80 pages...

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Why landlords property insurance might not pay out during void periods or when a property is undergoing refurbishment

Author: Property118.com Landlord News Team

27th October 2010, 16 years ago | 0

Most landlords look at reducing council tax and business rates while letting property is unoccupied but don’t realise they may...

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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...

property118

Taxman loses IHT property battle rematch

Author: Property118.com Landlord News Team

25th October 2010, 16 years ago | 0

The taxman has lost a protracted inheritance tax (IHT) test case that confirms estates letting land and residential property to...

Toilet Brush Cleaning – Ask Me Anything

Author: Property118.com Landlord News Team

11th June 2000, 26 years ago | 0

Hi, my name is Mohammed Crapper, a distant relative of the late John Crapper (inventor of the flushing toilet) and...