Bayley, Carl
Using a Property Company to Save Tax 2023/24
- ISBN 13:
- 9781911020844
- author:
- Bayley, Carl
- format:
- Paperback
- publisher:
- Taxcafe UK Ltd
- language:
- English
- Publication Year:
- 2023
- Pages:
- 302
- Dimensions:
- 23.4 x 15.6 x 1.6 centimetres (0
- Genre:
- Business, Real Estate, ,
- Condition:
- New
- Availability:
- Item usually sent within 5 working days
Description
Using a Property Company to Save Tax 2023/24 is a comprehensive guide for those looking to invest in property through a company. With dozens of examples and tax planning tips, this latest edition covers the new corporation tax regime applying from April 2023.
The book provides detailed information on how companies are taxed, including capital gains and all the expenses that can be claimed, such as salaries paid to directors and family members, home office costs, travel costs, and more. It also explains how to extract money from a company in the most tax-efficient way possible and maximise tax relief on mortgages and other borrowings.
Written by Carl Bayley FCA, who was Chairman of the Tax Faculty at the Institute of Chartered Accountants in England and Wales, this guide is relevant to both existing property companies and those thinking of setting one up. It offers practical advice for individuals involved in property development and trading as well.