Specialist Landlord Taxation Course
Would you know what tax to pay as a landlord, when to pay or how to substantially reduce your tax bill? Most landlords do not understand the complex rules surrounding the principles of tax, legislation restrictions or how to find their eligibility and entitlement to deductions and reliefs depending on their income.
Landlords are amongst thousands wasting tax not knowing the rules and will admit it is a minefield of obstacles that they do not understand. It is clear many property investors are unaware of legislation, eligibility, entitlements and reliefs, to avoid paying too much tax and how to structure their tax during their lifetime. The key strength of our course is that secure theoretical learning is focused on before worked examples with figures and calculations are delivered.
Our one-day course will give you confidence and support in running your property portfolios more tax efficiently and will give you an overview of the general principles of property tax implications. Our knowledge will empower you to do this by providing an understanding of the intricate options and routes available to you to hold your property investments, with the potential to be more tax efficient by considering and providing insight into improving how you restructure your portfolio. We give clearer guidance to understanding and clarifying your future tax liability with guidance to the pathways you can take to reduce your ongoing and potential tax bills. Our course includes an overview of the relationship between Capital Gains Tax (the life time tax) and Inheritance Tax on residential property assets.
It will leave you confident in knowing you are operating in a more tax efficient environment when renting out your property, including when you may need to seek expert advice before taking appropriate actions should you decide to instruct an accountant or tax expert.
Our course programme includes:
- Introduction and overview of the Tax regime
- Income Tax
- Capital Gains Tax
- Corporation Tax
- Inheritance Tax
- Application of S24 and worked examples
- Gifting and potentially exempt transfer
- What are the benefits of incorporating
- Whether to hold as a company or individual
- Self-assessment and tax returns
- Digital tax
- Allowable expenses and what to offset
- An introduction to Trusts
- Smart exits and strategies during your lifetime
*Please note it is advisable to bring a calculator when attending this session.*