Thursday, May 23, 2013

How to save property tax

The latest edition of Taxcafe's guide to saving property tax has just launched.

Now in its 11th year of publication this guide is essential annual reading for landlords and property investors.  Essential because it contains all the latest tax changes and shows you how to claim every single pound of tax relief you are entitled to.

Topics covered include:

* All of the tax changes announced in the 2013 Budget and 2013 Finance Bill.
* How to claim a big home office tax deduction.
* Motoring costs you can claim, including changes to car capital allowances.
* How to get the taxman to pay your travel costs (flights, hotels, restaurants).
* How to write off new kitchens and bathrooms as repairs and get the taxman to pay 40% or more.
* How to make the mortgage on your private home tax deductible.
* The new tax relief cap and how it affects property investors.
* The new statutory residence test and how it affects property investors seeking to emigrate to save tax.
* New statutory flat rate deductions for use of home and vehicles.
* How your spouse can save you thousands in income tax and capital gains tax.
* How your children can help you slash your tax.
* How to delay paying tax on rental income by up to 2 years.
* How to transfer property and avoid capital gains tax.
* How to use a trust to get extra tax-free capital growth on residential property.
* How to pay capital gains tax at just 10%.
* The new Mansion Taxes.
* Plus lots and lots of additional tax saving ideas.

For more information on tax.
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