With the end of the financial year approaching and the budget now behind us, now is a good time for residential landlords to review their tax affairs.
Making pension contributions can be an effective pre year end planning tool to decrease the years income tax payable. For some, they are also able to recoup their personal allowance, giving relief up to 60%.
We can also help landlords with a review of the tax efficiency of their affairs, including the following:
As we continue to deal with the ongoing COVID-19 pandemic, it is more important than ever that landlords structure their affairs in a way that works for them.
At Crowe, can help you with all aspects of property taxation, and ensuring your affairs are structured to ensure you get the most out of your property portfolio.
Year end tax planning opportunities for individuals
Tax planning for residential property owners