Property Tax Tips for Accountants

by Gabelle

This course has been revised and is up to date for the tax year 2017-18. As an asset, property attracts a uniquely complex interaction of taxes. Can you identify which structure will work best for the clients in each case study? Spot the pitfalls and pick up tips on how to avoid them.

This course is not currently available

This course will enable you to

  • Discuss with your clients the nuances in tax
  • Recognise and avoid the traps that can deny or restrict Principal Private Residence
  • Understand the main issues involved with property disposals
  • Learn the important elements which determine the tax position of a property
  • Look at the new tax provisions of ATED covering the SDLT, annual charging and capital gains arising
  • Identify common problems relating to VAT recovery, change of intentions and TOGCs

About the course

As an asset, property attracts a uniquely complex interaction of taxes. Often there are multiple stakeholders and with a wealth of structuring vehicles ranging from partnerships, corporates, unit trusts all the way through to REITs and PAIFs. It can be daunting determining which structure will work best for you and your clients. Property Tax Tips for Accountants gives you everything you need to ensure you are giving the best possible advice to your clients and organisations.

Instead of having to wade through a mire of technical tax detail, these courses let you work through scenarios and decide what advice to give, picking up tips as you go on how to avoid the pitfalls. The series has been designed by tax specialists, Gabelle, and is based on the most frequently asked questions on their accountants' helpline.

Look inside

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Contents

  • Principal Private Residence (PPR)
    • PPR with more than one property
    • Rental periods
    • Periods of absence
    • Evidence
    • Residence owned by trustees
    • Garden
  • Personal Tax
    • Matrimonial split
    • Entrepreneurs' relief
    • Working from home - relief for costs incurred
    • Extension of leases
    • Enquiries
  • Business Tax
    • Property investment v property development
    • Interest relief
    • Furnished Holiday lettings (FHL)
    • Capital allowances
    • Appropriation from stock
    • Relief for rental property losses
    • Business property relief - 100% relief
    • Business property relief – 50% relief
  • Overseas
    • 15% SDLT charge
    • Annual Tax on Enveloped Dwellings (ATED)
    • High value disposals of residential property
  • VAT
    • DIY House Builders and Converters Scheme
    • New residential properties and input tax issues
    • Transfer of Going Concern (TOGC) including properties

How it works

Author

Gabelle

Gabelle LLP provide accountants in industry with support on technical tax know-how and practical experience.

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This course is not currently available. To find out more, please get in touch.