Contains all 2009 and 2010 Furnished Holiday Lettings Tax Rules Changes
PAGES: 114
STATUS: IN STOCK
Furnished Holiday Lettings
Your Emergency Tax Planning Guide
Furnished holiday lettings are the property tax equivalent of winning the lottery.
Owners of furnished holiday lets often pay less income tax, capital gains tax, and inheritance tax than other property investors.
However, these special tax concessions will be abolished on 6th April 2010.
This unique guide explains exactly what you must do NOW to save literally tens of thousands of pounds in tax before the rules change.
The guide has just been updated (January 2010) and contains ALL of the furnished holiday lettings tax changes announced in the December 2009 Pre-Budget Report. You will not find more up to date and detailed tax saving information anywhere.
This guide is essential reading for ALL landlords who own furnished holiday lettings in the UK and European Economic Area (EEA).
What Information is Contained in the Guide?
The guide contains dozens of clear examples and tax planning ideas and is written by one of the country's leading property tax experts.
Subjects covered include:
- A detailed look at ALL the income tax, capital gains tax and inheritance tax benefits of furnished holiday lettings.
- Why you may be able to continue enjoying these tax reliefs after April 2010 by making a few minor changes to your business.
- Five services you should provide to tenants to preserve your special tax status.
- Why investing in furnished holiday lettings before 6th April 2010 could generate a tax repayment of up to £20,000 (£40,000 for a couple).
- How one investor is saving £16,000 in capital gains tax by transferring property to his daughter.
- How to benefit from entrepreneurs relief and pay capital gains tax at less than 10% – without actually selling your property.
- Why you should sell old properties and buy new ones before 6th April 2010 to benefit from capital gains rollover relief.
- Why you should consider transferring your properties into a company before 6th April 2010 to save tax on future income and capital gains.
- How one investor is saving £121,920 by transferring his portfolio to a company thanks to incorporation relief.
- How to obtain a tax repayment by creating a rental loss during the current tax year.
- Why you should consider paying a salary of up to £476 per month to children over 16 (and in some cases to those aged 13-15).
- How one investor is saving £21,920 in one year alone by carefully claiming capital allowances.
- 7 ways to shelter the value of your furnished holiday lettings from inheritance tax.
- The tax benefits of converting newly acquired or existing property into furnished holiday lets before 6th April 2010.
- Making back-dated claims as far back as 2003 on foreign furnished holiday letting property.
- The future tax landscape for owners of furnished holiday lettings after 6th April 2010.
Click here to read the full contents listing and first chapter of the book
About the Author
The author is Carl Bayley BSc ACA, one of the country's most respected property tax experts. Carl is Senior Consultant at Taxcafe and author of some of our most popular tax guides. A regular speaker on tax matters, he was recently invited to speak at the Institute of Chartered Accountants' annual tax faculty conference. Carl is also a regular contributor to TV and radio programmes, such as the BBC's It's Your Money programme, and national newspaper articles on tax matters. He is a member of the governing council of the Institute of Chartered Accountants in England and Wales.
Free Bonus Tax Guide - How to Save Tax 2010!
This comprehensive tax planning guide contains over 150 pages of income tax, capital gains tax, inheritance tax and business tax saving tips. Completely up to date (January 2010), it is essential reading for anyone who wants to cut their tax bill this year. How to Save Tax 2010 normally costs £19.95 but is FREE for Taxcafe customers.
Please click here for more information on this excellent bonus guide.
What Will I Receive?
- Furnished Holiday Lettings - 114 pages of tax saving ideas. Professionally printed by one of the UK's leading book printers.
- A FREE optional PDF copy of the guide, emailed immediately. This means you can start saving tax just seconds after ordering!
- A FREE copy of our comprehensive guide How to Save Tax 2010 - packed with useful tax tips and information for the current year - emailed immediately. Click here for more details on this title.
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