Buy-To-Let Property Tax Handbook

ISBN-13: 9781784510541 / Angielski / Miękka / 2017 / 536 str.

Opis

In the UK, property taxation is a particularly complex area and, while there are several tomes on the subject which broadly cover real estate, including commercial, residential, business premises, developments, and lettings, Taxation of Rental Property Business offers a more concise and targeted approach on buy-to-let for practitioners with UK landlord clients. With the increase in the buy-to-let market in recent years, the book provides a specific information resource which includes worked examples, case studies, focus points, and pitfalls to be aware of. Following a logical sequence from the commencement of cessation of a rental property business, and based around the structure of relevant UK legislation and HMRC guidance, it will be an essential guide for tax practitioners and accountants who need to advise on all tax aspects of a buy-to-let property business. Taxation of Rental Property Business includes chapters dedicated to furnished lettings, holiday lettings, non-resident landlords, and jointly-owned properties, along with content on incorporating a rental property business and how to calculate post-cessation income and loss.

Spis treści

PART 1 TAX ISSUES Prologue: Starting a buy-to-let property business? What you need to know Chapter 1 Commencement of a property business Chapter 2 Calculating property business profits and losses Appendix A What expenses can be claimed for a buy-to-let property business? Chapter 3 Finance costs relief restrictions Chapter 4 Capital allowances Chapter 5 Furnished lettings Chapter 6 Furnished holiday accommodation/lettings Chapter 7 Loss relief Chapter 8 Jointly-owned properties Chapter 9 Non-resident landlords Chapter 10 Corporate landlords Chapter 11 Capital gains tax Chapter 12 Inheritance tax Chapter 13 Incorporation of a buy-to-let residential property business Chapter 14 Stamp duty land tax and land and buildings transaction tax Chapter 15 Other issues PART 2: LEGAL ISSUES Chapter 16 Buy-to-let mortgages Chapter 17 Dealing with tenants and agents Chapter 18 Landlord obligations Appendix B: Essential checklist for new landlords and new properties