An overhaul of property residence relief rules could quite likely hit smaller landlords with much higher capital gains tax bills when they sell their property than previously. At the present moment, you can claim up to £40,000 in capital gains tax relief if you sell a property that is your main home or has been […]
What buy to let tax needs to be paid as a property investor? I feel that this is a good place to start by asking this question. After all, this is what our property accountants are asked each time they speak with clients. We need to understand the types of taxes involved when trying to understand […]
Top 5 reasons why Optimise Accountants tell clients to use a letting agent You may have a lot of time consumed by worrying about your job, the daily grind of your business activities, looking after all the family matters. This is even before you start to think about yourself. This is why it is important […]
If you are a landlord, you know that you have many expenses and monthly bills. Your monthly mortgage payment is likely to be your top priority, but you cannot overlook or forget other fees. It is essential you draw up an overall budget when planning your business activities, and one cost you cannot ignore or […]
Investing in property isn’t just a big decision; it is likely to be a lot of small choices. For some investors, location is everything, but there is much more to think about when buying a property. The type of student you wish to let to is crucial in making a profit, and you also need […]
Some landlords and investors buy to let close to their home, as this allows them to be hands-on with their rental property. However, many more people look at the market and buy property in areas that are deemed accessible or which are tipped to offer a high return on investment. Investing money in property can […]
