Will you pay tax on your finance costs this year?

Will you pay tax on your finance costs this year?

8:39 AM, 19th January 2019, About 3 years ago

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If you are due to pay tax on your finance costs by 31st January 2019 I have some very bad news for you, and some potentially very good news.

I will begin with the bad news.

Unless you make some changes, it is highly likely that you will pay twice as much tax on your finance costs in 2020, three times as much in 2021 and four times as much thereafter. You might also lose child care and other benefits and if your ‘taxable income’ goes over £100,000 you will also start to lose your nil rate band tax allowance.

The good news is that there are solutions to this problem. However, there isn’t a ‘one-size-fits-all’ solution so you will need some bespoke professional guidance on the optimal solution for you.

When you book a tax planning consultation with Property118 Limited we provide a guarantee of total satisfaction or a full refund.

For a fixed fee of £400 (inclusive of VAT) we complete an initial Fact Finding process, we provide a bespoke report and recommendations with links to applicable legislation for you and your existing advisers to consider and we even obtain Counsel’s Opinion and a quotation for the legal work associated with implementation of our recommendations from our Hon. Legal Counsel, Mark Smith, Head of Chambers and Barrister-At Law at Cotswold Barristers.

I have appended below links to several pages of Testimonials from existing clients and some case studies.

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  • Please provide an overview of your circumstances and what you are looking to achieve.
  • Landlord Tax Planning Consultancy is the core business activity of Property118 Limited (in association with Cotswold Barristers).

Consultation Testimonials

£1.7 million landlord tax planning success

Selling property without paying CGT

Three-Dimensional Tax Planning With IHT Benefits