Overview

This very practical webinar will advise delegates of all the huge changes to individual landlords who let out both residential and commercial property in the UK, in 2024. Tax planning for UK landlords will also be included.

Key Features

  • A general overview of the UK tax position of individual landlords who rent out residential property in the UK.
  • Tax planning for residential property landlords
  • The impact and requirements of the 60 day CGT pay and file regime
  • The reporting of the capital gains during the tax year, and the end of year reconciliation
  • Calculating the capital gains and losses, together with the appropriate tax planning opportunities
  • The income tax position of residential individual landlords
  • Income tax deductions that you can claim, together with their restrictions
  • Relevant tax cases
  • Furnished holiday lettings tax review
  • The IHT position for residential and commercial landlords
  • Stamp duty planning
  • A review of the tax position relating to individual landlords who let out commercial property, together with the tax planning opportunities available
  • Practical case studies
  • Tax problems in practice and their solutions
  • General overview

What you will gain

Delegates will receive a very practical guide to the tax position of UK landlords who rent out both residential and commercial property in the UK. The appropriate planning opportunities will also be reviewed and explained.

This webinar will be assisted by practical case studies throughout.

Speaker

Tim Palmer

Tim Palmer

Tim is a well known Tax presenter, and lectures frequently all over the UK on a wide variety of taxation subjects. He has been presenting such tax lectures for over 30 years now.

Previously, Tim was a senior Tax Manager with Howarth Clark Whitehill LLP, advising on all areas of tax and NIC for the firm to their clients. He was also a member of the tax department of P&O where he specialised in Corporation Tax and the Construction Industry, being involved in the Bovis Construction Industry tax deduction scheme within the P&O Group.

Additionally, Tim has recently written numerous articles in the tax press particularly with regard to his specialist areas of CIS, ‘self-employed status issues’, NIC and PAYE matters, stamp duty land tax, and the tax benefits of businesses switching to electric vehicles.

Tim lectures on most areas of tax, including IR35 and CIS, which are his particular specialties, both in lecturing and in practice. He also specializes on R&D and provides advice on tax investigations.

Tim is currently the Senior Partner of Palmer Consultancy Partnership. He is also a tax consultant with the London firm of chartered accountants, Arram Berlyn Gardner (ABG).