This article was written by Jennifer Adams for Tax Insider. The question as to whether the letting of property is a trade or an investment has particular relevance ... Continue Reading
Written by Jennifer Adams for Tax Insider. One of the most valuable of all tax reliefs is the Principal Private Residence relief (PPR) which exempts any gain ... Continue Reading
There are two ways by which more than one person can own a property, either as: "Joint tenants" - whereby each is deemed to own an equal share (e.g. three "joint ... Continue Reading
It is often more tax-efficient for private, family companies to pay dividends to shareholders rather than a salary or bonus especially if the shareholder is a basic ... Continue Reading
Written by Jennifer Adams for Tax Insider For tax purposes the operation of a furnished holiday let (FHL) is not a business, rather, it is deemed to be an income ... Continue Reading
Where a property is owned jointly, the tax treatment depends upon a number of factors not least as to whether the owners are married and whether the property is ... Continue Reading
The ideal in inheritance tax (IHT) lifetime planning would be for the owner of a main residence to gift the property to another such that the property does not ... Continue Reading
Trusts are created for a number of reasons but with reference to property that reason is invariably for protection. The beneficiary may become ... Continue Reading
Iain Rankin looks at a question sometimes asked by company owners. Many employers offer salary sacrifice arrangements, where an employee salary is reduced in exchange ... Continue Reading
Stay ahead of the crowd with the latest planning tips and news for accountants and tax professionals. To celebrate our one year anniversary of the launch ... Continue Reading
