Buy-to-let mortgages, Interest Relief & Tax Avoidance
2023-12-03に共有
While many landlords hold property in their name, changes in mortgage interest relief have reduced the benefits for higher-rate taxpayers.
Several companies are promoting tax-efficient schemes whereby private residential properties are transferred into a company. The attractions are simple; the potential to offset total mortgage interest charges and see profits charged at corporation tax instead of income tax rates. We look at a recent scheme that came under public scrutiny and could leave individuals open to significant penalties and tax charges.
Wilkins Southworth is a friendly accountants practice based in Barnes, South West London.
The practice has an international aspect that means we have built up a bank of experience in dealing with Double Taxation Treaties and liaising with tax offices around the world.
Business Tax and Property Tax Articles and Videos
Chris Wilkins is often invited to write tax and accounting articles for magazines, journals and trade publications.
www.wilkinssouthworth.co.uk/articles-seminars/over…
Visit this section for a selection of articles that have been published in recent years.
For more information on the Bounce Back Loans Scheme or the accounting services we provide, please feel free to contact us by post, telephone, fax or e-mail using the details below.
Wilkins Southworth
Telephone: 020 8878 3949
E-mail: [email protected]
*Property, Tax and Business articles*
wilkinssouthworth.co.uk/articles/
For more information please visit www.wilkinssouthworth.co.uk/
Wilkins Southworth 10-12 High Street,
Barnes,
London SW13 9LW
コメント (3)
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Where did you get £8000 from for a higher rate tax payer?
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