In this article, Tram Abramov, CEO at TaxScouts, takes a closer look at what you need to know about new buy-to-let tax relief changes, as well as what you should be doing to protect your income. In 2015, the government announced a new system for the way buy-to-let Income Tax […]
In my last blog post here I was thinking about how our property strategy and aspirations affect our tax bill and this week, I’m going to look at how our tax bill has changed since the amendments to Section 24. To start off, let’s set the scene by looking at […]
Alan Pink considers an anti-avoidance barrier to sharing income between spouses for tax purposes. A lot of other countries tax the income of married couples in a different, and arguably much more sensible, manner. Rather than taking each of the spouses as a separate individual, they charge tax based on […]
Structuring property ownership and the taxation of rental income are two of the most common topics which regularly appear on tax forums. Where a property is rented out, any rental income (less certain deductible expenses) is subject to income tax on the part of the owner of the property. For […]
