BUY-TO-LET PROPERTY TAX HANDBK

2. Auflage 2019
ISBN: 978-1-5265-0942-0
Verlag: BLOOMSBURY 3PL

Buch, Englisch, 640 Seiten, Paperback, Format (B × H): 156 mm x 234 mm

Buy-to-Let Property Tax Handbook is a single source for tax practitioners, accountants and others who advise clients and need to be aware of the tax aspects of running a residential buy-to-let property business, as well as the main non-tax considerations.

This Second Edition has been brought up to date with significant legislative changes introduced since publication of the first edition, including all subsequent Finance Acts up to and including Finance Act 2019. It also features a new chapter on partnerships.

Legislative changes in this edition include the following:
The 'cash basis' for small unincorporated businesses (F(No 2)A 2017)
The £1,000 property allowance (F(No 2)A 2017)
Corporation tax: carried forward (F(No 2)A 2017)
SDLT: changes to higher rate provisions on additional dwellings (FA 2018); plus commentary on LBTT in Scotland and LTT in Wales

This handbook highlights key issues, tax planning opportunities and pitfalls for the unwary, and includes numerous worked examples and case studies, as well as references throughout to legislation and HMRC guidance.

With contributions from a wealth of property tax specialists, this book is an invaluable resource for accountants and tax practitioners who have landlords as clients and is also ideal for property investors themselves.

Autoren/Hrsg.

McLaughlin, Mark

Fachgebiete

• Rechtswissenschaften Ausländisches Recht Common Law (UK, USA, Australien u.a.)
• Wirtschaftswissenschaften Wirtschaftssektoren & Branchen Immobilienwirtschaft

Inhaltsverzeichnis

PART 1 TAX ISSUES
Prologue Starting a buy-to-let property business? What you need to know
Chapter 1 Commencement of a property business
Appendix to Chapter 1: Making Tax Digital
Chapter 2 Calculating property business profits and losses
Appendix to Chapter 2: What expenses can be claimed for a buy-to-let property business?
Chapter 3 Finance costs relief restrictions
Chapter 4 Capital allowances
Chapter 5 Furnished lettings - tax relief for furnishings and fixtures etc
Chapter 6 Furnished holiday accommodation/lettings
Chapter 7 Loss relief
Chapter 8 Jointly owned properties
Chapter 9 Partnerships
Chapter 10 Non-resident landlords
Chapter 11 Corporate landlords
Chapter 12 Capital gains tax
Chapter 13 Inheritance tax
Chapter 14 Incorporation of a buy-to-let residential property business
Chapter 15 Stamp duty land tax, land and buildings transaction tax and land transaction tax
Chapter 16 Other issues
PART 2: LEGAL ISSUES
Chapter 17 Buy-to-let mortgages
Chapter 18 Dealing with tenants and agents
Chapter 19 Landlord obligations
Appendix to Chapter 19: Essential checklist for new landlords and new properties

Über Autor(innen)

McLaughlin, Mark
Mark McLaughlin CTA (Fellow) ATT (Fellow) TEP

TAX CONSULTANT

From January 1998 until December 2018, Mark was a consultant in his own tax practice, Mark McLaughlin Associates, which provided tax consultancy and support services to professional firms throughout the UK.

Mark is now a consultant with The TACS Partnership, an independent tax advisory firm that provides high quality, independent advice on all UK taxation matters.

He is a member of the Chartered Institute of Taxation's Private Client (UK and International) Sub-Committees.

Mark is also a lecturer, and has featured in online tax lectures for Tolley Seminars Online.

TAX AUTHOR AND EDITOR

Mark is the Editor of the Core Tax Annuals 2006/07 to 2019/20 (Bloomsbury Professional), and is a co-author of the 'Inheritance Tax' Annuals 2006/07 to 2019/20 (Bloomsbury Professional).

Mark is Editor and a co-author of 'Tax Planning' (Bloomsbury Professional). He is a co-author of 'Ray & McLaughlin's Practical IHT Planning' (Bloomsbury Professional). Mark is also co-author of 'Incorporating and Disincorporating a Business' (Bloomsbury Professional).

He is Editor and co-author of 'HMRC Investigations Handbook' (Bloomsbury Professional). Mark is a co-author and General Editor of 'Buy-To-Let Property Tax Handbook' (Bloomsbury Professional). Mark has also written numerous articles for professional publications, including 'Taxation', 'Tax Adviser', 'Tolley's Practical Tax Newsletter' and 'Tax Journal'.

TAXATIONWEB

Mark is a Co-Founder of TaxationWeb (www.taxationweb.co.uk), which provides free information and resources on UK taxes to taxpayers and professionals.

TAX INSIDER

Mark is a Director of Tax Insider, and Editor of Tax Insider, Property Tax Insider and Business Tax Insider, which are monthly publications aimed at providing tax tips and tax saving ideas for taxpayers and professional advisers. He is also Chief Contributor to McLaughlin's Tax Case Review, a monthly journal published by Tax Insider.

Mark McLaughlin is a tax consultant with The TACS Partnership LLP, and is co-founder of TaxationWeb (www.taxationweb.co.uk), the UK's leading independent tax website. Mark is also General Editor of the Tax Annuals (Bloomsbury Professional).

Written by Satwaki Chanda, Malcolm Finney, David Hannah, Robert Maas, Mark McLaughlin, Lee Sharpe, David Smith, Liz Syms, David Whiscombe, Martin Wilson and Ken Wright.