Tax worries keeping you awake at night? Whether you’re new to property investing or have been in the game a while, there’s no doubt that tax can strike confusion and fear into the heart of even the most experienced landlord.
We’ve designed this guide to give a general overview of property taxes for those new to property investment and to serve as a refresher for existing landlords - helping you to spend more time on your properties and less time worrying about tax!
You’ll learn about:
The tax differences between personally owned and limited company landlords
Some of the taxes landlords are subject to at each stage of the property investment cycle, including:
Buying - Stamp Duty Land Tax
Letting and generating profit - Income Tax, Corporation Tax
Selling - Capital Gains Tax
Estate planning - Inheritance Tax
Allowable expenses and the difference between revenue and capital expenditure