Hello, I own a single rental house as joint tenants with my elderly father who lives overseas in NZ. It has probably risen in value about £50k since we bought it.
He’s suggested putting this wholly in my name (and probably formally gifting his po…
Property118 TV is Back, this time to discuss CGT and Exit Planning for UK Landlords.
It’s been 13 months since I last published a new video but I’m delighted to announce that Property118 TV is back for a short series before I hand over to a brand new p…
Are you thinking about selling some of your rental properties next year, perhaps to pay down mortgages or become mortgage free? There may well be Capital Gains Tax consequences associated with this, HOWEVER, there may also be ways to mitigate this tax
…
Changes to capital gains tax (CGT) announced in the recent Autumn Statement will see the average landlord pay up to £1,764 more if they exit the BTL sector in the 2023-24 tax year, research reveals.
That’s according to the London lettings and est…
The much-anticipated Autumn Statement has seen the Chancellor of the Exchequer, Jeremy Hunt, delivering a mixed bag of tax rises and policy changes.
And now the property sector has seen what the potential impact of it will be – and not everyone is happ…
The Chancellor of the Exchequer, Jeremy Hunt, has today announced his Stealthy tax threshold increasing budget today in a plan to preserve stability, promote growth and protect public services.
Whilst on the face of it not as severe as many predicted H…
HMRC is targeting residential landlords in its latest ‘nudge campaign’ that it suspects are not declaring their full rental income, warns tax advisers Kreston Reeves.
The campaign comes in advance of Jeremy Hunt’s first Autumn Stateme…
HMRC is targeting residential landlords in its latest ‘nudge campaign’ that it suspects are not declaring their full rental income, warns tax advisers Kreston Reeves.
The campaign comes in advance of Jeremy Hunt’s first Autumn Stateme…
Hello, No landlord can be immune to the ever increasing attacks, not only on the buy to let business in general, but also very personal attacks that question our morals, our values, even our right to exist.
I decided to sell up after the S24 announcement.
Until the recent interest rate rises started to bite into cashflow, many larger portfolio landlords had taken the decision to pay the extra tax resulting from the Section 24 restrictions on finance cost relief as opposed to restructuring their business.
info@gracecharlesinvestments.com
of Norwich City Football Club