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:
- Personal tax returns
- Ownership review and tax impact
- Inheritance Tax review
- Capital gains tax calculations & 30-day CGT reporting
- Use of Family Trusts
- Incorporation of property portfolio
CAPITAL GAINS TAX ON PROPERTY SALES
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.