Property Capital Gains Tax: How to Pay the Absolute Minimum CGT on Rental Properties & Second Homes
Book Details
Author(s)Carl Bayley, Nick Braun
PublisherTaxcafe UK Ltd
ISBN / ASIN1907302158
ISBN-139781907302152
MarketplaceIndia 🇮🇳
Description
This unique guide explains in plain English how property capital gains tax is calculated and how you can drastically reduce your tax bill. It is essential reading for all those who own rental properties and second homes. Subjects covered include: The very latest Budget changes; How to reduce your income and pay CGT at 18% instead of 28%; How to save tax by transferring property to your spouse/partner; Tax-free properties for children; How trusts can be used to safeguard children's properties; How to avoid CGT on second homes using main residence elections; How to convert heavily taxed income into leniently taxed capital gains; The tax benefits of using a company to invest in property; The enormous tax benefits of furnished holiday lets; How to make use of all the CGT reliefs including: private letting relief, entrepreneurs relief and rollover relief; How to save £167,000 in capital gains tax using the strategies outlined in this book... plus lots more!


