Expert: Mark Smith
We want to help any landlord with 2 or planning to have 2 or more properties save TAX on the 20th January 2020
I’ve heard so many myths about Buy to Let and Tax planning and it’s about time we busted these Myths once and for all. Nobody in their right mind wants to pay more tax than they are supposed to pay!
“EFFECTIVE LANDLORD TAX PLANNING UTILISES ALL AVAILABLE TAX BREAKS LEGISLATION PROVIDES FOR. NOBODY IN THEIR RIGHT MIND WANTS TO PAY MORE TAX THAN THEY ARE SUPPOSED TO PAY, BUT NOT EVERYBODY KNOWS HOW TO GO ABOUT OPTIMISING THEIR TAX POSITION OR EVEN THE EXISTENCE OF MANY FORMS OF TAX RELIEF OR OWNERSHIP STRUCTURES AVAILABLE TO THEM.
WITH THE CORRECT PLANNING IT MAY WELL BE POSSIBLE FOR YOU TO UTILISE TAX LEGISLATION TO OPTIMALLY RESTRUCTURE YOUR PROPERTY RENTAL BUSINESS, WITHOUT ANY REQUIREMENTS TO REFINANCE OR TO PAY CAPITAL GAINS TAX OR STAMP DUTY. WE ARE NOT REFERRING TO LOOPHOLES OR TAX DODGES, BUT PERFECTLY LEGAL STRUCTURES THAT YOUR AVERAGE ACCOUNTANT MIGHT NEVER CONSIDER BRINGING TO YOUR ATTENTION.
HURRY! This is going to be the most valuable session you ever attend and already selling very fast.
I can guarantee you that most Accountants don’t have the right answers to help you and this is based around them not having paid to take advice from a Tax Barrister and not wanting to risk their PI insurance. Accountants are not Tax specialists, they produce accounts. Tax experts don’t produce accounts.
As a late Christmas gift Why not invite your accountant along to join you! Offer to buy their ticket they might do your next accounts free when they see how much money they can make from other clients thanks to you and they get to learn from the Top Property Tax Barrister in the UK.
Myths we plan to bust for you
- Section 24 tax regime makes Buy 2 Let dead.
A. WRONG – It will make it more profitable for you
- Incorporation is costly.
A. WRONG – its less than you think and can release cash into your pocket to begin buying again
- I’ve heard incorporation is risky
A. WRONG – thousands of businesses have done this since 2015 – HMRC has 2 years to challenge and not one challenge has been brought to date
- I can only incorporate if I am a partnership and its more than 2 years old.
A. WRONG –New solutions have been developed
- I have to pay Capital Gains Tax and Stamp Duty to beat Section 24.
A. WRONG – Property transfers between owners on a regular basis with no SDLT or CGT using HMRC reliefs
- I have to re-mortgage my properties.
A. WRONG – only if you wish to remortgage do you need to
- It will affect my inheritance tax.
A. WRONG- it will save you IHT
Q. I need 10 or more properties
A. WRONG – New solutions have been developed
MARK SMITH IS A BARRISTER, HON COUNSEL TO PROPERTY118.COM AND THE CO-DESIGNER OF A RANGE OF SOLUTIONS FOR BUSINESS STRUCTURES WHEREVER YOU ARE ON YOUR PROPERTY CAREER”.
Interested but unable to attend the event? Email firstname.lastname@example.org with your name and we’ll keep you posted on future events with Mark.
Venue: Dunchurch Park Hotel, Rugby Rd, Dunchurch, Warwickshire CV22 6QW
Timings are approximate the format for meetings can be different to take account of topics and attendees needs, summer months are often outside in the 72 Acres of grounds.
The Promo table
We have a dedicated “Promotion” table especially for you to share your literature, services, books and details of any products, business services, courses or training you wish to promote. Don’t forget your business cards too!
Refunds: Tickets are non-refundable unless the event is cancelled by the organisers in which case a full refund of the ticket cost will be made with 7 days of the advertised event date.