Property is one of our specialities and passions, having been providing property tax advice in Cambridge & Ely for over a decade. We work with everyone from ‘accidental landlords’ all the way through to serial investors and property developers.
You will receive clear cut advice, illustrating the tax savings available and optimal ownership vehicle for your property investments & developments.
If you are a full-time landlord or have inherited a property that you now rent out, TFA are on hand to manage annual compliance and make sure your tax position is optimised.
Working with landlords in the ever-changing tax climate, we will consistently review your position and advise how your current and future tax position can be improved. The tax advice we provide for landlords includes:
If you have sold a residential property in the UK (or any UK property if Non-UK Resident), you will need to consider if a CGT Return and tax payment to HMRC is needed within 30 days of completion.
We can help ensure you claim all available tax reliefs on sale and, prior to a disposal, will advise if any planning can be done to reduce to your tax exposure.
Use our fixed price 30 Day CGT return service found here.
Using Limited Companies (also referred to as Special Purpose Vehicles, SPVs) for buy to let investments has become more popular since April 2017, when HMRC introduced rules to restrict tax relief on mortgage interest payments for personal Landlords.
At TFA we can advise you of the most efficient ownership option for your investment properties, to include bespoke share structures if a Limited Company is used. There are many factors to consider when deciding if a Limited Company is right for you, such as:
Working with many property companies we also offer great value annual compliance services, such as filing accounts with companies’ house and completing limited company tax returns.
Have you seen our fixed price buy to let ownership review? Click here to find out more.
If you are selling land for development or are building/renovating property yourself, the tax landscape can be complex. TFA can guide you through this and ensure that you take advantage of any available tax reliefs and structure your property development business efficiently. Areas we advise on include:
Contact us today to discuss how we can work with you and your property business.