Property Investment
A Tax Guide
£12.00 / month
This title leads the reader through the lifecycle of property ownership, from acquisition to eventual disposal.
This book is now available in digital format only, with frequent updates and links to legislation, case law and HMRC guidance.
All subscriptions are for a minimum period of one year.
Access this book immediately
- For this book only, click on Subscribe above – monthly direct debit of £12.
- Subscribe to our Complete Tax Library (all our digital content – around 30 titles) – monthly direct debit of £99.
Other subscription options
- Subscribe to our Core Tax Library (eight books of your choice) – monthly direct debit of £65. Email us your choice of eight books.
- Subscribe to our Specialist Tax Library (five books of your choice) – monthly direct debit of £42. Email us your choice of five books.
- Email us with contact details to ask about multi-user access to some or all of our content.
About this work
The tax issues at each stage of property ownership are clearly explained and illustrated, with worked examples throughout. The book is invaluable for tax advisers with property-owning clients (and no doubt for many property owners themselves).
The various tax topics are addressed in depth, and are always fully rooted in the appropriate legislation and relevant case law. The writing style is accessible, and the emphasis throughout is on addressing the real tax issues that owners and their advisers have to grapple with.
Difficult issues, such as the complex tax rules for lease premiums and the sometimes grey areas around the division between revenue and capital expenditure, are addressed in depth.
“It sets out the tax issues to be considered at each stage of investment … All serious property investors, and their financial advisers and accountants, should read this book to understand the tax implications of investing in property.” – from the foreword to an earlier edition by Rebecca Cave FCA, MBA, CTA
Contents
- Introductory material
- Ownership structures
- Trading or investing
- Stamp taxes
- VAT
- Taxation of rental properties [expanded by way of example]
- Introduction
- What is a property business and when does it begin?
- How are profits calculated?
- Calculation of profits – taxable receipts [expanded by way of example]
- Rent
- Tenants’ deposits
- Service charges
- Insurance payouts
- Dilapidation payments
- Calculation of profits – deductible expenses
- Calculation of profits – alternative calculation for small businesses
- Post-cessation receipts and expenses
- Interest relief
- Capital allowances
- Maintaining the property
- Lease premiums
- Reverse premiums
- Property losses
- ATED
- Re-structuring and exit issues for landlord and tenant
- Selling up
