Property Entrepreneurs – improve your accounting and save money on taxes.

This seminar is for individual investors and businesses interested in investing in property over the medium and long term.

We will provide an overview of property taxes, such as income tax, corporation tax, capital gains tax, and stamp duty. Property investing is not new, and understanding the changing property landscape and solutions to common scenarios will put you in better stead for overcoming the accounting, tax, and compliance challenges along the way.

Despite the increase in property companies year on year, many landlords start up as individuals and have not yet incorporated their property business, regardless of size. This means they are subject to a higher personal tax liability compared to a self-employed worker with similar income.

Walking through the different renting strategies will aid understanding of the advantages and disadvantages of incorporating your property business. The implications of such decisions can have a massive impact on your financial position in the short term, which may improve over time. In October 2023, HMRC’s Spotlight 63 sent chills down many landlord’s spines who had unknowingly enrolled in tax saving schemes. And with further changes in the Spring 2024 Budget, small landlords may feel they are in an economic property tax war with HMRC.