How to Save Property Tax 2018/19

22nd edition - Almost 300 pages of tax planning advice for landlords and property investors

How to Save Property Tax is widely regarded as the tax bible for property investors.

The author, Carl Bayley FCA, is chairman of the Tax Faculty at the Institute of Chartered Accountants in England and Wales (ICAEW).

Written in plain English with numerous easy to follow examples and tax saving ideas, this book tells you absolutely everything you need to know about paying less income tax, capital gains tax and stamp duty land tax on your property investments.

It’s essential reading for:

• Property investors and landlords
• Second home owners
• Those renovating or developing property
• Accountants, solicitors and professional advisers

The latest edition is completely up to date with all the recent property tax changes including:

• Fully updated guidance on the new rules that are now restricting tax relief on residential landlords’ interest costs.
• A detailed look at the new cash basis for landlords: who qualifies, what are the advantages and disadvantages and how it might be used to combat the restrictions on interest relief.
• How to avoid potential pitfalls when buying a new home in joint names.
• Updated guidance on when property capital gains might be treated as trading profits: including a detailed analysis of HMRC’s guidance on the subject.
• Full guidance on the impact of devolved taxes in Scotland and Wales and the different forms of stamp duty applying around the UK.
• The latest changes to motor expenses for landlords.

After reading one of our Taxcafe guides, many readers realise they have missed out on legitimate claims which they could have made in previous years. This edition includes new guidance on amending prior years’ tax returns: when you can do it and the potential pitfalls arising.