Property Tax Masterclass 2024 - Part 2
Category: Tax | Date: 10/10/2024 10:00 | Duration: 2hr | Tag: WEBUK24ADD3 | Type: Webinar | Speaker: Carl Bayley
With so much happening in property tax, this second masterclass picks up on some more specialised topics to help you help your landlord clients in these turbulent times.
The private rented sector is going through a period of unprecedented turmoil, with interest rates remaining high, legislation designed to protect and enhance tenants’ rights, and many councils seeing landlords as a convenient cash cow to collect extra revenue through selective licensing. On the other hand, demand for rental property has never been so high, with rents spiralling ever upwards. So, while these are tough times for many landlords, they are lucrative ones for many others. Meanwhile, both the old Government and the new seem to see landlords as a convenient whipping boy: a good way to raise taxes without losing too many votes. So, what can you do to help?
Carl Bayley will cover the following topics during this webinar:
• The benefits of joint ownership and how to maximise them
• The cash basis for landlords: friend or foe?
• Selling property: how to plan for, and minimise, the Capital Gains Tax burden on property disposals
• Buying property: what can be done to reduce Stamp Duty Land Tax (or its devolved equivalents)?
• Is using a company the answer: the pros and cons of investing in property through a company
• The new Government and the private rented sector: what can we expect to see from Labour now they’re in power?
By attending this session, delegates will be able to advise landlords and other clients with property investments on the tax challenges they face and how to minimise their tax burden whenever possible.
The session will be of benefit to general practitioners, tax advisers, accountancy students, and landlords.
Course Level: Intermediate
Carl Bayley