Property Tax Planning – Analysis by a UK Chartered Accountant and Chartered Tax Adviser.
Buy To Let (“BTL”) landlords have to consider:
- Income tax
- Capital gains tax
- Inheritance tax
- Stamp duty land tax
on their property holdings.
In this book we look at tax planning techniques that all BTL landlords can consider to reduce the amount of these taxes they pay.What is included in this Book?
Subjects covered include:
- A look at the top tax deductions you can claim to reduce your rental profits
- Important tax changes that apply from 2021
- How the 3% SDLT surcharge from 2021 will affect buy to let investors
- All about the changes to the tax deduction for interest
- How to maximize the amount of interest you can deduct including the capital account rules to widen your interest deduction
- How your deductions are restricted if you have an overdrawn capital account with your BTL property and how to avoid it
- Tax treatment of the main UK and offshore tax structures for holding UK buy to let property
- How to transfer income to a spouse/child to benefit from lower rates of income tax and the HMRC forms that need to be completed
- How you can claim a deduction for capital costs incurred
- When you can claim capital allowances and how to maximize your tax relief
- How to buy UK property as a non-resident given recent changes
- How to qualify for Business Asset Disposal Relief on investment properties
- All you need to know about setting up your own property management/service company to reduce taxable profits
- How to get maximum relief for your rental losses
- The difference between being a property developer and a property investor and how this will impact on you
- Tax planning for former private residences including PPR relief and the latest changes
- Claiming additional relief when you rent out a former main residence
- When you should be reoccupying property before disposal to reduce CGT
- Flat conversions and claiming principal private residence relief
- UK tax planning for non residents investing in UK property
- When you should consider using a property company to own your investment properties to reduce tax
- Inheritance tax planning for BTL landlords
- Key tax structures for non-residents investing in UK property
- Using trusts to hold BTL property to reduce CGT and inheritance tax
- How to purchase property for your children tax efficiently
- Tax treatment of UK and overseas mortgages and how they can be used to reduce CGT, inheritance tax and income tax
- Restructuring existing property holdings to reduce tax
- Using a holding company/subsidiary group structure for large property holdings
- When property investors can be taxed on gain as income
- Tax planning for non doms holding UK BTL property, including when to de-envelope and how to do it
- SDLT planning for BTL investors
- IHT planning for BTL investors
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