When it comes to handling the taxes for your buy to let investment any loss in profit you make is handled in a specific way. In this post we’re sharing exactly how you should account for buy to let losses in the most tax efficient way.
When it comes to handling the taxes for your buy to let investment any loss in profit you make is handled in a specific way. In this post we’re sharing exactly how you should account for buy to let losses in the most tax efficient way.
When you first start using the Landlord Vision software, you are likely to already have mortgages up and running if this is how you finance your properties. These mortgages may have been set up for a number of years, so Landlord Vision makes it easy to record them without having to record all of the payments and […]
In this week’s Q&A post, we answer your questions on how to save the most tax when re-mortgaging your properties. These questions cover real-life scenarios that require advice on when certain tax reliefs apply, and what capital gains tax is applicable to re-mortgaging.
Property is one of the most unique asset classes for investors because of the flexibility it can provide, especially in terms of location and property type. Even if we discount property type, location and your own holding patterns, investors can opt to target different demographics such as short-term letting or assured shorthold tenancies.
All of the companies featured in the case studies in this blog post are “close” companies.
It is relatively common for an asset (e.g. an investment property) to be jointly held in the names of a married couple (or civil partners). The general rule is that those individuals are treated for income tax purposes as beneficially entitled to the property income in equal shares. This is sometimes referred to as the ’50:50 rule’.
Over the past few years, property investment has become a very profitable way to make money.
As the stamp duty holiday is slowly being phased out, we thought it would be a good time to recap on some common stamp duty questions. These questions have been asked by the public and feature real-life scenarios where stamp duty might apply.
This month’s tip is all about the security of your account, which is a priority here at Landlord Vision. We launched multi-factor authentication to keep your account more secure, so we know it’s always you logging into your account.
Entrepreneurs’ Relief (ER) was introduced for gains made after 5 April 2008, and replaced the old “Taper Relief” as applied to qualifying business assets. The 2020 Budget contained provisions for it to be renamed as “Business Asset Disposal Relief” (“BADR”). The new BADR is essentially the old ER but with a reduced lifetime allowance.
Visit any landlord focussed blog and you will find the obligatory “x tips for new landlords” post. The posts usually contain good but generic tips for getting started with property. What you won’t often find is the post that needs to come after that, the one about growing or scaling your property business – how to level […]
Times of economic uncertainty are often felt across every inch of society in some way, shape or form. The global pandemic has been no exception, and as the first national lockdown temporarily halted the property industry, a lot of landlords were left concerned about their Buy-to-Let property.
There are a number of tax reliefs available when renovating properties. In this post we’re going to look at some of the more common reliefs as laid out in the popular Property Tax Portal guide – How to Reduce Landlord Taxes.
This month in Tax Tips Q&A, we answer questions about offsetting expenses against rental income profit and what to do when that income equals a loss. We also have a question about tax on rental income.