Property118 Consultation Bookings have now re-opened

Property118 Consultation Bookings have now re-opened Property1118 were so overwhelmed with new business earlier this year that, in order to maintain service standards, they had to put a pause on accepting any new landlord tax planning consultation bookings as of 10th March until today. However, they are delighted to announce that they have worked their […]

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Tax Planning from Property118

Tax Planning from Property118 Property118 offer tax planning consultations for a fixed fee of £400 with a guarantee of total satisfaction or your money back. Book A Tax Planning Consultation There will never be an optimal ‘one-size-fits-all’ business structure for tax purposes. At the foot of this page there are several links to articles and videos […]

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Smart Property Company Structure

If it was significantly more tax efficient to do so, would you invest into more rental property? As you may be aware, if you buy rental property in your own name you now suffer the following: Income tax on profits at your marginal rate Up to 28% capital gains tax when you sell, payable within […]

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Using a property investment LLP for school fees planning purposes

Using a property investment LLP for school fees planning purposes Another great article from Property 118  Tax experts… Our client was a higher rate tax-payer and also owned four properties in his own name with the benefit of mortgages. Accordingly, he was affected by the restrictions on finance cost relief. His wife is also a […]

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Do HMRCs’ manuals contradict themselves? – Property118 TV

In this episode Mark Alexander is joined by Mark Smith, Head of Chambers at Cotswold Barristers, to discuss how HMRC’s manuals might be perceived to contradict themselves in relation to definitions on whether or not rental property owners are regarded as running a business. There is no need to reach for your credit card, the […]

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Lockdown Landlords Doing Their 2020 Accounts Now

Lockdown Landlords Doing Their 2020 Accounts Now Thousands of UK landlords are making the most of the Covid-19 lockdown to get ahead in terms of preparing their 2020 self-assessment returns and accounts.They don’t need to submit them until the end of January next year, but getting them done now will save those traditional last minute […]

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Larger Portfolio Landlords Face Financial Oblivion Unless They ACT NOW!

Larger Portfolio Landlords Face Financial Oblivion Unless They ACT NOW! Another great Article on property118    Janet and John have spent their time in isolation considering the impact of Covid-19 on their rental property business. They are predicting that in the 2020/21 tax year their rental income will reduce by approximately one third. This has […]

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Optimal Landlord Structures

The optimal ownership structure a property business for UK landlords

Taking professional advice on the optimal ownership structure for UK landlords is arguably the most overlooked aspect of their financial planning. It is probably fair to say that most landlords do a fair amount of reseach when buying properties to consider the potential for capital appreciation and cashflow. They also research the mortgage market for […]

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