Contains the very latest overseas property tax information
How to Avoid Tax on Foreign Property
This unique new guide tells you everything you need to know about paying less tax on overseas property. Whether you're buying a dream holiday home or building an overseas property empire, this invaluable tax saving resource will help you save money both in the UK and abroad.
The guide is completely up to date with key UK and overseas tax changes and is essential reading for:
- Anyone buying or selling property anywhere in the world.
- Those just thinking about buying overseas property – there are lots of tax deductions you can claim even before you buy.
- Owners of overseas holiday homes.
- Buy-to-let investors with overseas rental properties.
- Those developing or refurbishing overseas property.
What Information is Contained in the Guide?
How to Avoid Tax on Foreign Property is written in plain English and contains dozens of examples and tax planning tips.
Subjects covered include:
- How to pay less tax on foreign rental income, both in the UK and abroad.
- How to avoid UK capital gains tax on overseas property.
- How to avoid foreign capital gains taxes.
- How to get the taxman to pay for your overseas trips, including:
- Flights
- Hotels
- Meals
- How to get tax relief for costs incurred up to seven years before you buy your first foreign property.
- How to avoid VAT at up to 25% on overseas property purchases.
- The benefits and dangers of using a company to buy overseas property.
- How to avoid foreign inheritance tax and wealth taxes.
- How to protect your property from onerous foreign succession laws.
- How to maximise UK tax relief for taxes paid abroad.
- Traps to watch out for in foreign property tax systems.
- A clear and detailed explanation of the new rules for non-domiciled investors.
- The dangers of transferring foreign property – even for married couples.
- How to reduce your foreign currency exchange risks on foreign property.
- How double tax agreements work and how you can exploit them.
- How double tax relief works – when you can claim it and when you shouldn’t.
- How paying MORE tax abroad can SAVE you tax in the UK.
- Detailed chapters outlining the very latest property tax rules in some of the most popular destinations including:
- France
- Spain
- Bulgaria
- Italy
- Portugal
- Cyprus
- Dubai
- European Union rules
- Each of the chapters on the featured countries includes:
- An overview of the tax and legal regime.
- Taxes paid when you buy your property.
- Annual taxes on property or wealth.
- Tax on rental income.
- Tax on capital gains.
- Tax on inheritance and gifts.
- Succession law – who will get your foreign property when you die
- When you are treated as resident for tax purposes and what happens then.
- Using a company to buy property.
Click here to read the full contents listing and first chapter of the book
The Importance of UK Tax
UK taxes are by far the most important for most overseas property investors. The guide contains around 200 pages of UK tax saving information, specifically for overseas investors. So this guide is essential reading for every overseas property investor buying property in any country.
Please note this guide contains almost no overlap with our other bestselling guide, How to Avoid Property Tax.
How up to date is How to Avoid Tax on Foreign Property?
The guide incorporates:
- The changes proposed in the UK Pre-Budget Report of October 2007 and the subsequent changes announced in 2008.
- President Sarkozy's French tax reforms of August 2007.
- Major Spanish tax reforms implemented in 2007 and 2008.
- Italy's re-introduction of inheritance tax in November 2006.
- The European Court ruling in December 2007 on capital gains in Portugal.
- The impact of Bulgaria's accession to the EU in 2007 and its new flat rate tax system introduced on 1st January 2008.
- The impact of Cyprus's conversion to the Euro on 1st January 2008.
- The new Dubai Property Law of 2006 and its implications for UK investors.
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 British Property Federation’s annual 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 Tax Guide - How to Save Tax 2008/2009!
Currently FREE with any purchase from Taxcafe, this comprehensive annual tax planning guide contains 100 pages of income tax, capital gains tax, inheritance tax and business tax saving tips. It is essential reading for anyone who wants to cut their tax bill. Crammed full of tax planning tips, the How to Save Tax guide is written in plain English and contains easy to follow tax planning advice and examples.
Please click here for more information on this excellent bonus guide.
What Will I Receive?
- How to Avoid Tax on Foreign Property - Professionally printed 307 page tax saving book with full colour cover.
- A FREE optional PDF copy of your book sent immediately to your email address. This means you can start making huge tax savings just seconds after the transaction is complete!
- A FREE copy of our comprehensive guide How to Save Tax 2008/2009 - packed with useful tax tips and information for the current year - delivered immediately to your email inbox. Click here for more details on this title.
- Fixed Price Postage - Our postage and packaging charge is just £1.50 no matter how many items you order.
- Buy with Confidence - Taxcafe uses Worldpay's renowned secure payment server to process payments. Worldpay is part of the Royal Bank of Scotland Group so you can rest assured that your card details are completely secure.
You can also order by telephone on 0845 111 0743 Mon-Fri 9am-5pm or
click here to pay by cheque
Special Offers:
