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

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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: Lee Hadnum
Publisher: Createspace Independent Pub
ISBN: 9781508712916
Category : Business & Economics
Languages : en
Pages : 148

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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

Buy to Let Tax Planning

Buy to Let Tax Planning PDF Author: Lee J. Hadnum
Publisher: Createspace Independent Publishing Platform
ISBN: 9781546477600
Category :
Languages : en
Pages : 212

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Book Description
"...A helpful guide..." - The Telegraph May 2017 Edition - Fully up to date with the 2017 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; Maximising tax relief for capital expenditure; All you need to know about setting up your own property management/service company to reduce taxable profits; Changes that apply from 2017; How the new 3% SDLT surcharge will affect buy to let investors...; ... and planning for the 3% SDLT surcharge; SDLT & build to rent scenarios; Multiple dwellings relief for the larger BTL investor; Key BTL ownership considerations: - Direct ownership (including multiple ownership) - Corporate ownership - Trust ownership - Limited partnerships - Nominee ownership All about the ATED for corporate ownership; Tax planning for transferring investment property into or out of a company; 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; Step by step guide to incorporating a property investment business using a property partnership Using a beneficial interest company trust structure to avoid the mortgage interest restriction Non UK resident companies holding UK property - will they become subject to UK corporation tax? 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 2016 and 2017 changes; How to qualify for Entrepreneurs Relief on investment properties; 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 when renting out former private residences including principal private residence (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 PPR 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 capital gains as income; Tax planning for non doms holding UK BTL property, including when to de-envelope and how to do it; IHT planning for BTL investors; And much more...

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

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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.

Tax Planning for the Family Home

Tax Planning for the Family Home PDF Author: Lee Hadnum
Publisher: CreateSpace
ISBN: 9781496113238
Category : Business & Economics
Languages : en
Pages : 114

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Book Description
For many people the family home is the most valuable asset they have. As such protecting its value will be key importance. In this tax guide we look at the key tax planning opportunities for the family home and private residences. We cover all planning for income tax, capital gains tax and inheritance tax. This guide is essential reading for anyone interested in retaining wealth from the family home and/or passing the family home onto your family tax efficiently. What is covered in this tax guide? Selling your main residence - how capital gains tax applies Establishing a property as a main residence in 2014 How PPR relief and lettings relief works 2014 changes to Principal Private Residence relief PPR relief where you have two or more homes Offsetting losses on a main residence and maximising tax relief Points to watch out for when selling a former main residence after you've left the UK How to avoid taxes if you're selling part of your garden Claiming Principal Private Residence relief if you convert a house into flats Tax implications of letting family live in your property Avoiding Tax On The Transfer Of Property To Children How to claim PPR relief on property occupied by a relative Buying property tax efficiently whilst your children are studying Helping your children to buy their first property tax efficiently Income and property tax planning when your children live with you Case study: Avoiding inheritance tax and capital gains tax on property Transferring property to a spouse Which is the best way for non doms to hold UK property? Advanced tax planning for non doms using offshore trusts to purchase UK property CGT on divorce and how to structure new property with a new partner Beneficial ownership, receiving a share of the proceeds and reducing capital gains tax Reducing CGT when transferring property to children (including an example of how to save £23,520 in CGT) Should you sell or let your former home? Should you reoccupy a property prior to selling it? When a property can be your main residence without you occupying it

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

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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

Tax Planning Strategies

Tax Planning Strategies PDF Author: CCH Editorial Staff Publication
Publisher: CCH
ISBN: 9780808016991
Category : Business & Economics
Languages : en
Pages : 188

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Book Description
Major new tax laws aimed at boosting the economy, addressing rising health care costs and providing tax relief have created numerous tax planning opportunities-and challenges. Tax rates and other changes that phase in and phase out between now and 2010 make mid- and long-term financial planning difficult and more tax-driven than ever before. Sound tax guidance and planning is essential to maximize many of the available tax benefits and avoid tax pitfalls.

Tax-Free Wealth For Life

Tax-Free Wealth For Life PDF Author: Matt Kingsley
Publisher: Matt Kingsley
ISBN:
Category : Business & Economics
Languages : en
Pages : 72

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Book Description
Welcome to the first chapter of your journey towards tax-free wealth. Let's cut to the chase – taxes are not just a necessary evil; they are a goldmine of opportunities if you know how to work them right. This isn’t about evading taxes; it’s about smart, legal strategies to minimise what you owe and maximise what you keep. Let’s dive in. Understanding tax laws is like mastering a game. The rules might seem complicated, but they are there for a reason. And just like any game, the better you understand the rules, the better you play. Most people see taxes as a static, unchangeable fact of life. That's where they go wrong. Tax laws are designed with various incentives and benefits that can work in your favour – if you know how to use them. Now, I know what you're thinking – tax planning sounds like a tedious, complex task best left to accountants. But here’s the deal: if you’re serious about building wealth, you can’t afford to be passive about taxes. It’s time to shift your mindset. Stop seeing taxes as a mere deduction from your income and start viewing them as a key component of your financial strategy.

In the Wonderland of Investment (FY 2016-17)

In the Wonderland of Investment (FY 2016-17) PDF Author: A.N. Shanbhag
Publisher: Vision Books
ISBN: 8170949831
Category : Business & Economics
Languages : en
Pages : 250

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Book Description
Helping you invest your money most profitably It's not easy to make the right investment decisions. First of all, there are so many investment avenues, each promising different returns and carrying different risks. To add further complexity, there is the fact that different investments are treated differently by the taxman; some attracting higher taxes, others enjoying tax concessions — and the tax laws keep changing all the time. Moreover, each person has his or her own unique financial needs and risk profile. What is tonic for one may prove to be poison for another. Equally, new avenues and instruments of investment keep arising and old ones setting on the horizons of the wonderland of investment. Some of the existing bright stars may suddenly become black holes. The interest rates have a habit of bobbing up and down. This will surely need a change in your portfolio mix. The bestselling book is packed with a wealth of investment information and guidance about the various investment avenues, their risks and profitability, and their tax implications. Not just that. Based on their 40-plus years of investment advisory expertise, the authors offer those rare insights that will truly help you invest your money most profitably. Part I: HOW TO AXE, NOT EVADE, TAX: Income Tax, Gift Tax Gone? Not Really! Salary & Perquisites. Retirement Benefits. Capital Gains. House Property, STT, CTT & DDT. Part II: HOW TO SELECT AND COLLECT THE MOST PROFITABLE INVESTMENTS: Public Provident Fund (PPF); National Pension System (NPS); National Savings Certificates; Post Office Small Savings Schemes; Insurance on Life; Mutual Funds; ULIP of Insurance Companies; Stocks and Shares; Futures and Options; RBI Savings Bonds; Bank Deposits; Company Fixed Deposits, and more.

The Daily Telegraph Tax Guide 2017

The Daily Telegraph Tax Guide 2017 PDF Author: David Genders
Publisher: Kogan Page Publishers
ISBN: 0749479523
Category : Business & Economics
Languages : en
Pages : 297

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Book Description
The Daily Telegraph Tax Guide contains everything you need to know about completing a Self-Assessment tax return for 2016/17. For any taxpayer, whether self-employed, part-time, retired or unemployed, the book is an invaluable resource that can help ensure that you are as tax efficient as possible, offering practical advice, timetables and examples that aim to simplify what many people view as a complex and challenging procedure. With a whole range of top tips for saving on all types of tax, The Daily Telegraph Tax Guide is the essential guide to completing your 2016/2017 tax return.