Tax planning for landlords
Posted on: October 19th 2021 · read
We outline the latest tax advice for making the most of your buy-to-let assets whether looking to sell, generate a steady income or pass down to the next generation.
In this webinar that was held in partnership with the ICAEW our Tax Partner, James Kipping covered the following:
- A reminder of the UK tax position on rental profits for individuals, couples, partnerships & LLPs and limited companies. This will include reference to the finance cost restrictions, the increased dividend tax and how income can be arranged tax efficiently in whatever structure the property interests are held.
- A summary of the pros and cons of owning property investments via a limited company, without discussing the incorporation of an existing business. This will include how investment properties can form part of a family investment company structure with inheritance tax planning in mind.
- A reminder of the capital gains tax position on the sale of UK real estate.
- Inheritance tax planning options for buy-to-let landlords.
- How to structure UK property investments for resident non-domiciled individuals and non-resident and non-domiciled individuals.
Watch this webinar in full below:
About the speaker
James Kipping, Partner, MHA
James is a Tax Partner and Head of Private Client at MHA. He has been with the firm since 2005 and provides pro-active advice to the firm’s diverse range of clients. James covers a wide spectrum of tax issues, both corporate and personal. Concentrating on owner managed businesses, high net worth individuals and trusts, his expertise covers income tax, capital gains tax and inheritance tax planning as well as corporate tax, including mergers and demergers, acquisitions and MBOs, exit and remuneration planning.