Property Tax Masterclass 2024 - Part 2 (Oct 24)
Category: Tax | Duration: 2hrs | Tag: VODUK24ADD3| Type: Video | Course Level: Intermediate | Speaker: Carl Bayley | Date: 10/10/2024 10:00
Course Details
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 covers the following topics during this course:
- 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?
CPD Course Speaker
BSc FCA, Author and Presenter
Carl Bayley
Carl Bayley is the author of a series of ‘Plain English’ tax guides designed specifically for the layman and the non-specialist. His particular specialty is his ability to take the weird, complex, and inexplicable world of taxation and set it out in the kind of clear, straightforward language taxpayers themselves can understand.
Carl takes the same approach when speaking on taxation, a role he frequently undertakes with great enthusiasm, including his highly acclaimed annual ‘Budget Breakfast’ for the Institute of Chartered Accountants. He has spoken on taxation on radio and television, including the BBC’s ‘It’s Your Money’ program and BBC Radio 2’s Jeremy Vine Show.
Carl began his career as a Chartered Accountant in 1983 with one of the ‘Big 4’ accountancy firms. After qualifying as a double prize-winner, he immediately began specialising in taxation. He worked for several major international firms until beginning the new millennium by launching his own practice, through which he provided advice on a wide variety of taxation issues; especially property taxation, inheritance tax, and tax planning for small and medium-sized businesses, for twenty years, before deciding to focus on his favourite role as author and presenter.
Carl is a former Chairman of the Tax Faculty of the Institute of Chartered Accountants in England and Wales and a member of the Institute’s governing Council. He is also a former President of ICAEW Scotland and a member of the ICAEW Board. He has co-organised the annual Practical Tax Conference since its inception in 2002.
Carl takes the same approach when speaking on taxation, a role he frequently undertakes with great enthusiasm, including his highly acclaimed annual ‘Budget Breakfast’ for the Institute of Chartered Accountants. He has spoken on taxation on radio and television, including the BBC’s ‘It’s Your Money’ program and BBC Radio 2’s Jeremy Vine Show.
Carl began his career as a Chartered Accountant in 1983 with one of the ‘Big 4’ accountancy firms. After qualifying as a double prize-winner, he immediately began specialising in taxation. He worked for several major international firms until beginning the new millennium by launching his own practice, through which he provided advice on a wide variety of taxation issues; especially property taxation, inheritance tax, and tax planning for small and medium-sized businesses, for twenty years, before deciding to focus on his favourite role as author and presenter.
Carl is a former Chairman of the Tax Faculty of the Institute of Chartered Accountants in England and Wales and a member of the Institute’s governing Council. He is also a former President of ICAEW Scotland and a member of the ICAEW Board. He has co-organised the annual Practical Tax Conference since its inception in 2002.