Buy to Let Tax Planning, 2016/2017

Buy to Let Tax Planning, 2016/2017 PDF Author: Lee Hadnum
Publisher: Createspace Independent Publishing Platform
ISBN: 9781532870736
Category :
Languages : en
Pages : 174

Get Book Here

Book Description
April 2016 Edition - Fully up to date with the 2015, 2016 and planned 2017 changes 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 2015, 2016 and 2017 How the new 3% SDLT surcharge will affect buy to let investors All about the changes to the tax deduction for interest that will apply from April 2017 How to maximise 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 All about the withdrawal of the wear and tear allowance and how you now claim a deduction for capital costs incurred When you can claim capital allowances and how to maximise your tax relief How to buy UK property as a non-resident given the 2015, 2016 and 2017 changes How to qualify for Entrepreneurs 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

Buy to Let Tax Planning, 2016/2017

Buy to Let Tax Planning, 2016/2017 PDF Author: Lee Hadnum
Publisher: Createspace Independent Publishing Platform
ISBN: 9781532870736
Category :
Languages : en
Pages : 174

Get Book Here

Book Description
April 2016 Edition - Fully up to date with the 2015, 2016 and planned 2017 changes 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 2015, 2016 and 2017 How the new 3% SDLT surcharge will affect buy to let investors All about the changes to the tax deduction for interest that will apply from April 2017 How to maximise 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 All about the withdrawal of the wear and tear allowance and how you now claim a deduction for capital costs incurred When you can claim capital allowances and how to maximise your tax relief How to buy UK property as a non-resident given the 2015, 2016 and 2017 changes How to qualify for Entrepreneurs 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

Buy to Let Tax Planning

Buy to Let Tax Planning PDF Author: L. Hadnum
Publisher:
ISBN:
Category :
Languages : en
Pages : 154

Get Book Here

Book Description
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

Buy to Let Tax Planning

Buy to Let Tax Planning PDF Author: Lee Hadnum
Publisher: CreateSpace
ISBN: 9781495916540
Category : Business & Economics
Languages : en
Pages : 124

Get Book Here

Book Description
2014/2015 Edition - Fully up to date with the March 2014 Budget changes 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 arise from the 2014 Budget and that apply from 2015 and 2016 How to maximise the amount of interest you can deduct inclduing 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 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 to calculate the wear and tear allowances and/or capital allowances to reduce your taxable profits When you can claim capital allowances and how to maximise your tax relief 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 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

Understanding and Paying Less Property Tax For Dummies

Understanding and Paying Less Property Tax For Dummies PDF Author: Steve Sims
Publisher: John Wiley & Sons
ISBN: 1119997712
Category : Business & Economics
Languages : en
Pages : 258

Get Book Here

Book Description
This comprehensive guide to understanding and paying less property tax for dummies is the best-value beginners book on the market. Covering everything from commercial buy-to-let and jet-to-let to property development and investing through a company, it explains a notoriously confusing subject in straightforward and easy to follow language. Packed full of tax saving tips and strategies, Understanding and Paying Less Tax For Dummies will help British property owners and investors minimise their tax bills and maximise their returns.

Buy to Let Tax Planning

Buy to Let Tax Planning PDF Author: Lee Hadnum
Publisher: Createspace Independent Pub
ISBN: 9781508712916
Category : Business & Economics
Languages : en
Pages : 148

Get Book Here

Book Description
2015/2016 Edition - Fully up to date with the latest changes from April 2015Buy To Let ("BTL") landlords have to consider: Income tax Capital gains tax Inheritance tax Stamp duty land taxon 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 2015 and 2016 How to maximise 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 to calculate the wear and tear allowances and/or capital allowances to reduce your taxable profits When you can claim capital allowances and how to maximise your tax relief How to buy UK property as a non-resident given the 2015 changes 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 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

The Book on Tax Strategies for the Savvy Real Estate Investor

The Book on Tax Strategies for the Savvy Real Estate Investor PDF Author: Amanda Han
Publisher: Biggerpockets Publishing, LLC
ISBN: 9780990711766
Category : Business & Economics
Languages : en
Pages : 191

Get Book Here

Book Description
Taxes! Boring and irritating, right? Perhaps. But if you want to succeed in real estate, your tax strategy will play a HUGE role in how fast you grow. A great tax strategy can save you thousands of dollars a year - and a bad strategy could land you in legal trouble. That's why BiggerPockets is excited to introduce its newest book, The Book on Tax Strategies for the Savvy Real Estate Investor! To help you deduct more, invest smarter, and pay far less to the IRS!

How to Save Property Tax

How to Save Property Tax PDF Author: Carl Bayley
Publisher:
ISBN: 9781911020011
Category : Business & Economics
Languages : en
Pages : 304

Get Book Here

Book Description
How to Save Property Tax is widely regarded as the tax bible for property investors. The latest edition has just been published (November 2015) and is completely up to date with all the major property tax changes announced in 2015, including a detailed examination of the proposals to restrict tax relief on interest and finance costs paid by residential landlords. The guide also contains hundreds of tried and tested tax saving ideas - it will show you how to claim every single pound of tax relief you are entitled to. It is written in plain English and is essential reading for property investors, landlords, second home owners, those renovating or developing property, accountants, solicitors and professional advisers.

Buy-to-Let Property Tax Handbook

Buy-to-Let Property Tax Handbook PDF Author: Mark McLaughlin
Publisher: Bloomsbury Publishing
ISBN: 1784510548
Category : Business & Economics
Languages : en
Pages : 535

Get Book Here

Book Description
Buy-to-Let Property Tax Handbook is a 'one stop shop' for tax practitioners, accountants and others who need to advise their clients and be aware of the tax aspects of running a residential buy-to-let property business.The landscape for residential buy-to-let property investors has changed considerably in recent years, with the government seemingly targeting landlords of residential property through various tax changes. This authoritative guide follows the logical sequence from the commencement to cessation of a residential rental property business and covers all the taxation issues that might apply. It also offers helpful guidance on the legal aspects of buying and selling a buy-to-let property, and landlord obligations to tenants.Buy-to-let property tax handbook highlights key issues, tax planning opportunities and pitfalls for the unwary, and includes numerous worked examples and case studies, as well as reference throughout to legislation and HMRC guidance.This brand new book covers:� Commencement of a property rental business� Calculating profits or losses� Interest relief restrictions� Capital allowances� Furnished lettings� Furnished holiday lettings� Loss relief� Jointly-owned properties� Non-resident landlords� Company landlords� Capital gains tax reliefs� Inheritance tax� Incorporation of a residential property rental business� Stamp duty land tax (and land and buildings transaction tax)� Legal issues of buying and selling a buy-to-let property� Dealing with tenants� Landlord obligationsWith contributions by a wealth of property tax specialists, Buy-to-Let Property Tax Handbook is an invaluable resource for accountants and tax practitioners who have landlords as clients and is also ideal for property investors themselves.Buy-to-Let Property Tax Handbook is written by Satwaki Chanda, James Darmon, Malcolm Finney, Peter Klim, Robert Maas, Mark McLaughlin, Lee Sharpe, David Smith, Liz Syms, Martin Wilson and Ken Wright. "In my opinion this will become the go to reference for accountants with clients in this sector get a copy and see why for yourself"Tony MargaritelliICPA Chairman

How to Save Property Tax 2021/22

How to Save Property Tax 2021/22 PDF Author: Carl Bayley
Publisher:
ISBN: 9781911020714
Category :
Languages : en
Pages : 308

Get Book Here

Book Description
26th edition - Almost 300 pages of tax planning guidance for landlords and property investors How to Save Property Tax is widely regarded as the tax bible for property investors. Written in plain English with numerous easy to follow examples and tax saving ideas, this book tells you absolutely everything you need to know about paying less income tax, capital gains tax and stamp duty land tax on your property investments. It's essential reading for: Property investors and landlords Second home owners Those renovating or developing property Accountants, solicitors and professional advisers The author, Carl Bayley FCA, was chairman of the tax faculty at the Institute of Chartered Accountants in England and Wales (ICAEW) from 2015 to 2018 and is currently a member of the institute's governing council. The latest edition was published in August 2021 and is completely up to date. Subjects covered include: All the expenses you can claim against your rental income How to claim a big home office tax deduction How to deduct the cost of seminars, courses and books (like this one!) Motoring expenses landlords can claim How landlords to claim repairs spending that a layperson would regard as an improvement How to deal with rent reductions, rent holidays and bad debts How to amend previous returns if you've forgotten to claim expenses A plain English guide to how capital gains tax (CGT) is calculated Tried and tested CGT planning techniques How transfers between spouses can save significant amounts of CGT How to use main residence elections to reduce CGT on second homes How to use your children to save thousands in CGT All the stamp duty issues facing property investors The tax treatment of property development Tax planning for owners of furnished holiday lets All in all, this guide tells you pretty much everything you need about tax if you are a landlord or own any other type of property business.

Every Landlord's Tax Deduction Guide

Every Landlord's Tax Deduction Guide PDF Author: Stephen Fishman
Publisher: NOLO
ISBN: 9781413323313
Category : Business & Economics
Languages : en
Pages : 0

Get Book Here

Book Description
Maximize your tax deductions. Rental real estate provides more tax benefits than almost any other investment. Whether you own a ten-unit rental apartment building or rent a room in your home through Airbnb, you need to know about all the valuable deductions you are entitled to take as a landlord. Every Landlord’s Tax Deduction Guide is the only book that focuses exclusively on IRS rules and deductions for landlords. With this book, you will learn about: depreciation, casualty and theft losses, start-up expenses, and other common landlord deductions IRS rules on deducting repairs and improvements vacation home tax rules proper record keeping and accounting—and much more. The book also covers landlord tax classifications, reporting rental income, hiring workers, and deducting rental losses. Filled with practical advice and real-world examples, Every Landlord’s Tax Deduction Guide will save you money by making sure you owe less to the IRS at tax time. The 13th edition is updated and revised to cover tax rules for Airbnb-type rentals.