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Using a Property Company to Save Tax 2023/24 (en Inglés)
Carl Bayley
(Autor)
·
Taxcafe UK Ltd
· Tapa Blanda
Using a Property Company to Save Tax 2023/24 (en Inglés) - Bayley, Carl
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Origen: Estados Unidos
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Reseña del libro "Using a Property Company to Save Tax 2023/24 (en Inglés)"
Published April 2023 - Plain English guide with dozens of examples and tax planning tips. The latest edition contains lots of new information.This unique guide tells you EVERYTHING you need to know about using a company to invest in property: Essential reading for those who already have a property company and those thinking about setting one up.The potential tax savings are significant, especially when you reinvest your rental profits.Full details of the new corporation tax regime applying from April 2023.All the expenses your company can claim, including salaries paid to you and your family, home office costs, travel costs, training and research, property repairs, furniture etc.A whole chapter dedicated to maximising tax relief on mortgages and other borrowings - individual landlords now have their tax relief restricted, companies do not.How to extract money from your company in the most tax efficient way possible.How companies are taxed on their capital gains, including all the tax reliefs that can be claimed.How to set up a company and how to put existing property into a company.The guide is also relevant to those involved in property development and trading.The author, Carl Bayley FCA, was Chairman of the Tax Faculty at the Institute of Chartered Accountants in England and Wales (ICAEW) from 2015 to 2018. He is currently a member of the Institute's governing Council.
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