Tax Consultation Testimonials

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JB

11:48 AM, 4th August 2017, About 7 years ago

After a gruelling 3 year divorce I was left with 15 properties, 17 year old twins to support through University and the prospect of Section 24 on the horizon.
I had read about Mark Alexander's spectacular success in fighting West Brom and winning £27 million in repayments to landlords who had been overcharged. It was a truly magnificent result and benefited every landlord in the country who has a tracker mortgage.
I knew I needed help to restructure so decided to invest in a consultation with Mark. This was an excellent decision. Mark grasped my situation quickly, knew what questions to ask and is knowledgeable on the landlords ultimate trinity of property, finance and law.
My twins are now 18 and I have formed a partnership with them. I can choose how much profit to allocate to them to utilise their zero/basic rate tax band and keep myself in the basic rate tax band. In 3 years time I will be able to incorporate the partnership WITHOUT needing to refinance, WITHOUT paying SDLT and WITHOUT paying CGT. Magic!
In addition to this, the properties will be taken into the company at market value so if I want to sell any of them at that stage I can do so without any CGT.
There are also substantial IHT benefits to be had - which I am still getting my head round!
Mark is a genius and fortunately for us he's willing to share his ability and knowledge and for that I am very grateful to him.

Indiajane

11:04 AM, 28th July 2017, About 7 years ago

Mark and his team are very professional and transparent.
We have obtained non-statutory clearance s162 TCGA 1992 using the BICT process. We would not hesitate to recommend Mark and his advisors they guide you through the process with very clear advice. Our accountant was also very impressed with Mark and his professionalism. We are now continuing to work with his team.

Jacques Steenkamp

8:52 AM, 26th June 2017, About 7 years ago

We at Easy Online Accounting Ltd, specialise in looking after contractors and SME’s, and we pride ourselves with the excellent personal service we give our clients, as well as providing easy online solutions to our clients for managing their accounts. We are always on the lookout for ways to help our clients, and that is why we contacted Mark, to gain a better understanding of the options available to our clients, as well as some other property related questions we had. And are we glad we did! How refreshing it was talking to someone who could answer our questions! Mark could relate to everything we were asking. His knowledge and experience is off the scale. He not only answered our questions, he pre-empted other questions we had, and provided additional information he knew would be useful to us. We are very grateful for the hour he spared us, and will definitely be contacting Mark again in future.

Darren Peters

11:09 AM, 19th June 2017, About 7 years ago

Thanks to Mark I've gone from a woolly understanding of a lot of the issues in an unconnected way to complete understanding of what I need to do. I have a clear way forward and can go back to running my business rather than trying to pull Osborne's knife out of my back.

Rebecca Patel

6:10 AM, 8th June 2017, About 7 years ago

After spending quite some time thinking about the options of whether to incorporate our business or not, we decided to book a consultation with Mark Alexander. We already knew Mark from the West Brom case where they were wrongly hiking interest rates on our tracker mortgages and we joined the action group via Property118 to take them to court. We were over the moon to hear that they went on to win the case and West Brom had to repay over £27 million to landlords for overpayments and interest on top. We personally received a five figure sum from West Brom back to our bank account. Thank you Mark and your team!!

So, when it came to the incorporation issue we went back to Mark and booked a phone consultation. And again it was worth every penny! Mark came back to us immediately, he answered all our questions and made the way forward so much clearer, and has saved us more money in the process. He is very knowledgeable, professional, down to earth, easy to talk to and always seems to go the extra mile. We cannot recommend him highly enough!

Ajith George

21:57 PM, 24th May 2017, About 7 years ago

I had no hesitation in booking a consultation with Mark Alexander and it was very good value for money. The key to his approach is to bring different aspects of the path together to line them up so that it is easy to navigate. After initial email consultation, he will let you know if he can help you or not. So it is risk free..
I have no hesitation recommending him.
I am now liaising with my accountant and may need some clarifications as my accountant seems to need some help !
Ajith

David Simms

16:26 PM, 19th May 2017, About 7 years ago

I booked a consultation with Mark after hearing him speak at the Baker Street Property Meet a few weeks ago. He is an excellent speaker and I was really inspired by his no nonsense commercial approach to the topics covered and subsequent Q&A session. I had read all of the articles posted on P118 regarding tax changes and potential restructuring options multiple times prior to booking a session with Mark. I would certainly recommend you also do this as it means you can get the most from his expertise and really get into the nuances of your situation. He fully assessed my needs and regularly checked my understanding throughout the session. I came away with a very clear understanding of the next steps in my property career and exactly how I could implement the proposed changes. I’ve used the P118 team to implement some of my next steps already and highly recommended them to other investors.

Thanks to Mark, Neil and Mike for the advice and running such a slick operation. Keep up the great work.

Chris Unwin

10:23 AM, 17th May 2017, About 7 years ago

Like so many other Landlords I have been pondering the longterm effects of the Section 24 Tax changes to me personally. I ruefully came to the conclusion that for the first time ever I would have to pay for some advice. Mark struck me as an individual who has walked the walk rather than just talk the talked so it was an obvious choice for me to sign up for one of his consultations. I took the opportunity of meeting with Mark whilst on holiday in Malta. The meeting was relaxed and one key question was answered.... to incorporate or not right now. A stratetgy for the future was discussed and that has now moved on to the implementaion phase. In passing Mark pointed out one small and obscure error in my annual tax return accounting practices (Thankfully the error had only been short term but would have gone on much longer if not spotted). It won't be many years before a correction to that error will pay for the consultation and the weeks holiday in Malta. So all in all, largely thanks to Mark I am feeling pretty comfortable with the tax changes ahead and how to deal with them. Thank you Mark.

John Mcgowan

12:01 PM, 9th May 2017, About 7 years ago

My wife and I were seriously considering incorporating our property portfolio and following a meeting at Baker Street with Mark Alexander and Mark Smith speaking to us we have paid Mark Alexander founder of Property 118 £400 to give us further advice. This information was extremely helpful and Mark Alexander has promptly answered ALL our difficult questions and there were plenty! We have a better understanding of incorporation and Beneficial Interest Company Trusts (BICT) and are now moving on to the next stage in the process. We thoroughly recommend anyone with a portfolio of properties who needs professional advice on the benefits of incorporating to contact Mark Alexander for good sound, prompt advice. Best tax planner we have met to date. Thank you Mark.

Chris Mayger

14:27 PM, 5th May 2017, About 7 years ago

My wife and I have also found incorporation, tax reliefs and benefits very confusing. However, thanks to our personal consultation with Mark, things are so much clearer, and most importantly, Mark has instilled so much confidence in us with his expert knowledge and friendly manner, that we have already taken action on the next step in our journey towards incorporation. Prior to the consultation, Mark requested minute details about our tax position, portfolio structure and other matters, to ensure he could customise his recommendations to us personally.
He put a lot of work into this as was evident from his detailed report. we now have a road map set out ahead of us now.
Big thanks Mark 🙂

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