Wednesday, April 13, 2016

NEW tax guide - Landlord Interest

Landlords looking to shelter from the latest tax changes, those starting in April 2017 restricting the amount of mortgage interest relief they are able to obtain, should have a look at the latest tax saving guide called Landlord Interest in the Property Hawk Tax Books. 

Here are details of the loss of mortgage interest relief faced by many landlords.

The tax guide gives some very useful practical worked examples of how landlords can save tax on their residential investment business. 

Topics covered in the guide include:

* How to beat the tax increase by simply increasing your rents.
* How to accelerate your finance costs while full tax relief is available.
* How to save tax by transferring property to your spouse/partner.
* Why you should postpone certain tax deductible expenses until 2017.
* How to increase your tax deductible expenses when interest relief is cut.
* How one family will save £17,900 by paying salaries to family members.
* The benefits and drawbacks of selling property to beat the tax increase.
* How one landlord will save £10,000 per year by selling some properties.
* Using alternative investment structures (shared equity and syndicates).
* How to completely reverse the tax increase by making pension contributions.
* The benefits and drawbacks of using a company.
* How one investor will enjoy a £33,800 annual saving by using a company.
* Who can and who can not transfer existing property into a company.
* The cost and availability of mortgages for company investors.
* All tax changes announced in the March 2016 Budget (including the big stamp duty changes).

 For more information on landlord tax

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