Why A Property Company May Be A Bad Idea

The Tax Insider Team considers the drawbacks of the popular property holding company structure – and considers a possible alternative. Of course, there are other reasons, not related to tax, why you might want to set up a limited company to hold a property portfolio. But we’re going to stick […]

Could new CGT rules offer investment opportunities for landlords?

With house price growth slowing down and prices even falling in some areas, there is an argument that it is a buyer’s market for buy to let investors. Changes to Capital Gains Tax (CGT) could fuel property changing hands between landlords. In the Autumn Budget of 2018, Chancellor Philip Hammond […]

Changing Your Mind – Property Trading Vs Property Investing

Alan Pink considers the tax charges that can arise when a trading property becomes an investment and vice versa. Tax planning for property can be fraught with problems, particularly in relation to the all-important question of whether a property-based activity is trading or investment for tax purposes. The distinction is […]

Putting An Investment Property In Joint Names Before Sale

Sarah Bradford looks at when it can be beneficial to transfer an interest in an investment property to a spouse or civil partner prior to sale. The tax system affords some tax breaks to married couples and civil partners and it is possible, depending on personal circumstances, to use these […]

Capital Gains Tax Changes and what Impact they could have on the Property Market

When announcing the Autumn Budget in 2017, the Chancellor made clear his plans to include capital gains made by non-residents when selling UK property within the bounds of UK tax. The reason for this is to ensure that there is one single system for the sale of both commercial and […]

Furnished Holiday Lettings: Is Your Property Special?

Mark McLaughlin highlights a potential capital gains tax advantage of a qualifying furnished holiday lettings business compared with other property rental businesses. Individual taxpayers who are residential property landlords will be aware that a profit on disposal of a property will normally be subject to capital gains tax (CGT). For […]

Land & Property – Going On An Adventure?

Mark McLaughlin points out that determining whether a land or property transaction is trading may not be straightforward. The UK’s tax legislation is very often unclear when it comes to the treatment of certain events or transactions. For example, a potential ‘grey area’ is the tax treatment where an individual […]