Capital Gains Tax 30 days reporting and payment

From 6th April 2020 individuals, trustees and personal representatives of deceased persons who sell or dispose of residential property must report the disposal to HMRC within 30 days of completing the disposal, where a taxable gain has been made. The tax payer in question must also make a payment on account of the CGT due.

Avoiding Capital Gains Tax on property UK

Common UK Capital Gains Tax questions when selling a residential property investment. By Simon Misiewicz Article relevant to the tax year 2020-21 In this article, we are going to answer the following: What are your capital gains tax annual allowances in the UK? How can you use delayed completions to utilise your annual capital gains […]

Using holding company tax structures as a property investor or developer

We are not going to discuss the benefits of a limited company as we have done this in this article. However, it is sometimes beneficial to open multiple limited companies for the purposes of risk mitigation and tax planning. Conversely, it may be difficult to perform tax planning if someone has multiple companies. Which companies should […]

Reduce SDLT – Buy the company not individual properties

An article relevant to the tax year 2020/21 Pay Stamp Duty at 0.5% rather than Stamp Duty Land Tax We have written an article that shows what Stamp Duty Land Tax is and how it is calculated. You may wish to calculate and save the SDLT liability. We have created a modestly priced spreadsheet for […]

Stamp Duty Land Tax for Property Investors

Article relevant to the tax year 2020/21 What is Stamp Duty Land Tax? You may be interested in our main article “buy to let tax for UK landlords”. This article discusses all the different types of tax that you need to be aware of as a UK landlord. We have written an article that shows […]

Identify Chattels To Reduce Stamp Duty Land Tax

An article relevant to the tax year 2020/21 How to save Stamp Duty Land Tax through chattels In this article, we will answer the following question from landlords about reducing Stamp Duty Land Tax by identifying chattels You may be interested in our main article “buy to let tax for UK landlords”. This article discusses […]

Key Performance Indicators for Property Investors

Top Property Key Performance Indicators for UK landlords There are ways of ensuring that you treat your properties as a business. I firmly believe if you use these measures, you could buy fewer properties and yield better results. Welcome to the Optimise world of property Key Performance Indicators. Here are the five measures that I […]

2020 Budget Announcement For Property Investors

Key highlights from the 2020 budget announcement  On 11th March 2020 the Chancellor of the Exchequer, Rishi Sunak MP, delivered the budget 2020. Here are the key points to the 2020 budget property tax considerations The tax threshold for National Insurance Contributions will rise from £8,632 to £9,500. From April 2020 Employers’ allowance is set […]

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