by AccountingPreneur | Oct 18, 2022 | Income tax, Property, Property landlord, Rental income, Tax
Letting a property is a fantastic way to add an additional stream of income to your household. Investment properties can create cash flow, add to your net worth, and help you build generational wealth that you can pass on to your future generations. Understanding your... 
by AccountingPreneur | Oct 11, 2022 | Inheritance Tax, Property, Tax
Creating a financial legacy and laying the financial foundation for your future generations is a dream that lives in the hearts and minds of many. It is often a driving factor in the decisions people make throughout their lives. “What kind of career or business... 
by AccountingPreneur | Oct 4, 2022 | Annual CGT Exemption Allowance, Capital gains tax, Charity, Property, Property capital losses, Tax
Need some direction on how to lower your tax liability from property sales this year? Check out this guide for 10 simple tips to help get tax relief in 2022. As 2022 draws near its end, many people start thinking in earnest about their tax liability because before you... 
by AccountingPreneur | Sep 26, 2022 | Accountant relationship, Capital gains tax, Inheritance Tax, Property, Stamp Duty Land Tax, Tax
Everyone is looking for the perfect investment. No matter the state of the economy at any given time, the search for stable and consistently profitable investments leads people to real estate. Owning property has continued to be one of the smartest investment choices... 
by AccountingPreneur | Sep 8, 2022 | Dividends, National insurance, Personal allowance, Tax
If you decide to run your business as a sole trader, rather than a limited company, then your tax obligations differ in several ways. Understanding your tax obligations can be a tricky matter. Let’s take a look at what you need to know. Sole trader vs Limited... 
by AccountingPreneur | Aug 11, 2022 | Inheritance Tax, Property, Tax
Following our blog on Inheritance Tax in the UK, we decided to dig a little deeper on one of the more complicated aspects of it: inheriting property. There are many questions that revolve around property inheritance, and they often need answers at a highly emotional...