Capital Gains TaxHMRCInheritance TaxLimited Liability Partnership (LLP)LLP IncorporationNewsProperty Tax
31 January 2024 Deadline for Hybrid LLPs: Withdrawal and Settlement Considerations
As the 31 January 2024 deadline for Hybrid Limited Liability Partnerships (LLPs) approaches, participants are facing pivotal decisions. Recent letters from HMRC have brought attention to the ongoing scrutiny of Less Tax for Landlords, the planning provider in focus. While some seek...
Booking.com in UK: Property Tax Insights and Guidance
The article guides UK property owners using Booking.com through the complexities of income tax, VAT, capital gains tax, and other relevant aspects, puts an emphasis on compliance, advantages, and tax-saving tips for successful property management.
UK Airbnb Tax – Your Guide to Taxation and Property Accounting
The sharing economy has revolutionised the way we travel and experience new places. In the United Kingdom, Airbnb has emerged as a prominent platform for property owners to list their accommodations, whether it’s a spare room, an entire home, or...
Property Tax Guide for UK Expats and Foreigners
Exploring the intricate tax landscape of UK property investments for expats and foreigners, emphasizing the critical need for understanding tax nuances and seeking expert guidance for informed investment strategies.
HMRC Clamps Down on Controversial Tax Scheme for Landlords
HMRC intensifies efforts against the 'hybrid business model' tax scheme, cautioning property landlords of potential legal implications and urging compliance through professional tax advice.
Capital Gains Tax Holdover Relief | Gift Holdover Relief
Capital Gains Tax Holdover Relief provides a strategic method to defer taxes when transferring assets at a reduced rate or as gifts, offering financial flexibility for businesses and individuals.
CGT Late Filing Penalties
Reporting Capital Gains Tax (CGT) on UK property sales within 60 days of completion is crucial. Late filing incurs penalties, including initial fines, daily charges, and additional penalties based on estimated tax liability. Rates can vary based on behavior, with...
A Complete Property Tax Guide for Landlords and Property Investors
Navigating the UK property market's tax landscape is crucial for investors. Whether you're a Rent-to-Rent entrepreneur, HMO investor, or considering a Property SPV, this comprehensive guide explores the tax implications for each strategy. From income tax considerations to Stamp Duty...
De-enveloping UK Property : Tax and Regulatory Considerations
This comprehensive guide discusses the process of de-enveloping UK property from offshore corporate structures, outlining regulatory changes, key tax considerations, available de-enveloping options, and the required documents, emphasising the importance of professional advice throughout the process.
