Buy to let advice
Do you have property which you rent out and are you set up efficiently for tax?
If you own property other than your main residence it is likely that you rent it out either through short or long term lets or as holiday accommodation.
There are different tax rules which apply to different types of property and it is important to know how these apply to you as people have different circumstances which can lead to different tax positions.
For example, you may think that it would be better to hold the properties in a limited company or that you can transfer some property to your children but have you thought through the tax consequences of either of those actions?
We need to make sure that we fully understand the personal circumstances and the aspirations of each person before we can give advice on the best set up for the situation so we take time with our clients getting to know what they are trying to achieve before deciding on the best approach for them.
If you would like to chat about this or anything else, why not get in touch?
I work with Val and beyond the Numbers, because they are exactly that..more than just the numbers. They work hard to understand my business, understand the business needs that are unique to me. They then shape the support and service around those needs.
What I particularly like is that they are up for doing all sorts of support, from basic book-keeping, through to strategic challenge and insight. Trusted partners.
Martin Ewart, Bigwheel Leadership Ltd
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