7 tax-planning tips for property developers
Investing in ‘bricks and mortar’ has always been a sensible way to grow your money. And with the growth in the average house price beginning to plateau, now may be a good time to look at buying up properties in need of some TLC and refurbishing, or developing them as...
End of the personal tax year – documents to keep!
Today (5th April) is the end of the 2016-17 tax year and tomorrow sees the beginning of the 2017-18 one. Those having to complete a personal self assessment tax return for 16/17 have until 31st January 2018 to file and make payment – although we don’t recommend...
What is a P11D? And do I need to complete one?
What is a P11D? The P11D is a statutory form required to be filed with HMRC detailing the cash equivalents of benefits paid to their employees. Who needs to complete a P11D? Employers who have paid benefits to employees during a tax year need to complete them. Who...
10 reasons why your property business should become a limited company
If you’re serious about turning a profit from your property business, and want to give yourself the best possible ability to grow, you need to consider what the best business structure is for your property operation. As we mentioned in our last blog post, there are a...