‘In my opinion, this will become the go-to reference for accountants with clients in this sector. Get a copy and see why for yourself.’
Tony Margaritelli, ICPA Chairman*
Buy-to-Let Property Tax Handbook is a single source for tax practitioners, accountants and others who advise clients and need to be aware of the tax aspects of running a residential buy-to-let property business, as well as the main non-tax considerations.
This Second Edition has been brought up to date with significant legislative changes introduced since publication of the first edition, including all subsequent Finance Acts up to and including Finance Act 2019. It also features a new chapter on partnerships.
Legislative changes in this edition include the following:
The ‘cash basis’ for small unincorporated businesses (F(No 2)A 2017)
The £1,000 property allowance (F(No 2)A 2017)
Corporation tax: carried forward (F(No 2)A 2017)
SDLT: changes to higher rate provisions on additional dwellings (FA 2018); plus commentary on LBTT in Scotland and LTT in Wales
This handbook highlights key issues, tax planning opportunities and pitfalls for the unwary, and includes numerous worked examples and case studies, as well as references throughout to legislation and HMRC guidance.
With contributions from a wealth of property tax specialists, this book is an invaluable resource for accountants and tax practitioners who have landlords as clients and is also ideal for property investors themselves.
Mark McLaughlin is a tax consultant with The TACS Partnership LLP, and is co-founder of TaxationWeb (www.taxationweb.co.uk), the UK’s leading independent tax website. Mark is also General Editor of the Tax Annuals (Bloomsbury Professional).
Buy-to-Let Property Tax Handbook is written by Satwaki Chanda, Malcolm Finney, David Hannah, Robert Maas, Mark McLaughlin, Lee Sharpe, David Smith, Liz Syms, David Whiscombe, Martin Wilson and Ken Wright.
*Review of first edition