Yesterday I said that there are two certainties in life: death, and taxes!
Taxes do not end when people die. Millions pay inheritance tax (IHT) o their parent’s estate, much of which can be legally avoided with proper tax planning.
The first step is making a Will, preferably with a professional who can advise you on mitigating IHT.
If you need help making a Will, email charles@charleskelly.net for a free consultation with a specialist.
Section 24 Tax Hike Solutions Revealed By Property Accountant
Interview with Chartered Accountant and property tax specialist who reveals options and solutions to move your properties from your own name into a limited company or LLP whilst mitigating the potential HMRC pitfalls.
Email charles@charleskelly.net for a free consultation on how to deal with Section 24.
Watch video now: https://youtu.be/aMuGs_ek17s
In this 45-minute interview we discuss:
· What is Section 24 and when did George Osbourne introduce this tax hike on landlords?
· 6 options available to landlords with buy-to-let properties in their own name
· What is classed as a property business and property partnership?
· Ramsay v HMRC (2013) case explained
· Incorporation Relief, Stamp Duty, CGT (Capital Gains tax) and much more…
Over 29,000 people signed a petition calling on the government to reverse this unfair tax o landlords to no avail.
Find out what you can do in this video.
Email charles@charleskelly.net for a free consultation on how to deal with Section 24.
Join my Money Tips 365 Supporters Club on Spotify: -
https://podcasters.spotify.com/pod/show/charles-kelly/subscribe
#tax #section24 #savetax #Will #IHT #holidaylet #money #moneytips
Asset Rich Time Poor, Time Rich Asset Poor – Money Tips 365 Day 44
Asset Rich Time Poor, Time Rich Asset Poor – Money Tips 365 Day 44
Does Loyalty Pay? Money Tips 365 Day 43
Does Loyalty Pay? Money Tips 365 Day 43
Problems are Good – Money Tips 365 Day 42
Problems are Good – Money Tips 365 Day 42
Resources or Resourcefulness? - Money Tips 365 Day 41
Resources or Resourcefulness? - Money Tips 365 Day 41
Can Money Buy You Happiness? Money Tips 365 Day 40
Can Money Buy You Happiness? Money Tips 365 Day 40
Rags to Riches To Rags - Money Tips 365 Day 39
Rags to Riches To Rags - Money Tips 365 Day 39
Cash is not risk free! – Money Tips 365 Day 38
Cash is not risk free! – Money Tips 365 Day 38
Pension Fund Charges Can Seriously Damage Your Wealth – Money Tips 365 Day 37
Pension Fund Charges Can Seriously Damage Your Wealth – Money Tips 365 Day 37
Sell With Stories - Money Tips 365 Day 35
Sell With Stories - Money Tips 365 Day 35
Enjoy your life Money Tips 365 Day 32
Enjoy your life Money Tips 365 Day 32
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
NABOR® TALKS
U.S Property Podcast
Aligned Money Show
The Ramsey Show
Planet Money