Tax planning for commercial property owners tends to be focused on issues related to mortgage interest, rental profits and corporation tax. However, one of the most frequently missed areas of opportunity is capital allowances on commercial properties. Thousands of...
Limited Company ownership is quickly becoming common in the UK property market, more specifically, SPV (Special Purpose Vehicle) ownership for property purchases. Many property owners/investors now purchase buy-to-let properties through an SPV company to enhance their...
It is very important for anyone investing in property, whether a landlord or running a business, to understand what the implications of stamp duty will be when purchasing property via a limited company structure. Although there can be tax benefits with a limited...
The transformation of the UK Tax System is happening through a digital process. A key part of this is Making Tax Digital for Landlords (MTD), which has been put in place as part of the reform. All landlords who receive their income through rent must use a digital...
The Let Property Campaign from HMRC has been around for years, providing landlords with an opportunity to report any rental income that was not declared at the time they filed their annual tax return. This initiative has been running for over a decade since its launch...
When purchasing a second home for either investment, rental, or personal use, it is usually a sound financial investment. When you sell a second home for a capital gain, there is a very high probability that you will have a capital gains tax on the profit you made...
In the UK property market, it is common for a buyer to incur Stamp Duty Land Tax (SDLT) charges related to the value of their acquired home and personal circumstances. However, some situations can result in incorrect payments of SDLT and allow buyers to claim back...
Many buyers still misunderstand how Stamp Duty works, often assuming it is the seller’s responsibility. In reality, stamp duty is a cost that falls squarely on the buyer and, if not planned for properly, it can significantly increase the overall cost of a property...
Dubai continues to attract UK entrepreneurs thanks to its strategic location, world-class infrastructure and competitive tax environment. While the UAE has introduced corporate tax in recent years, it remains one of the most business-friendly jurisdictions globally....
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