Expert Guide

An Introduction to Property Tax

 

Overview of this guide

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

We're Provestor, the property accountants. We're an award-winning accountancy firm that specialises in supporting landlords and property investors. Learn more about our monthly packages and tax advice.