Gross Rent £5,767
Management Fees £291
Service Charge £132
Ground Rent £500
Net Income £4,844
Assured net rental of 9% per annum for the first 3 years
• Receive rental income from the occupied studio, paid
monthly or quarterly into your chosen bank account…
• …or choose a managed service provider to manage your
studio and ensure a regular monthly return
• All studios are within 5-star luxury facilities with care
provided by an experienced CQC-regulated operator
Service Charge £1200
Ground Rent £25 annually
There are several ways to split rental income for tax planning purposes, the two most popular being a Declaration of Trust or one of many form of Partnership.
The concept is to transfer rental profits to a lower rate tax-payer.
The post Splitting Renta…
I have held the lease on my first floor flat for the past 21 years, extending it in 2013. The Freeholder owns and lets out the ground floor flat. I have struggled with the Freeholders approach to managing my Lease.
The post The accounts and management …
Solutions for landlords with a Section 24 tax problem.
First though, let’s take a look at what Section 24 tax is and why it’s so unfair.
The following Case Study explains why so many property rental business owners are considering incorpora…