As tax laws continue to evolve in the UK, landlords are increasingly considering incorporating their property portfolios to optimise tax efficiency. While incorporation can offer financial benefits, it also comes with potential downsides, so options need to be weighed...
Skip the details and speak directly to our Capital Allowances specialist through our Group company OCG Accountants What are Capital Allowances? Capital Allowances are a tax relief practice which allows taxpayers to deduct capital expenditure against their annual...
Succession Planning for Family Businesses: Managing Leadership Transition As of 2020, an estimated 4.8 million family businesses operated in the UK, contributing over £575 billion to the UK economy. The majority of these businesses are small — with three-quarters...
The time to claim capital allowances on your FHL is now As predicted, the government is still going ahead with their plans to remove the tax advantages that current furnished holiday let owners enjoy. The proposed revisions include: Applying the finance cost...
The future of the private rental sector (PRS) in the UK is a subject of considerable debate and interest, shaped by evolving economic conditions, regulatory changes, and shifting societal attitudes towards housing and landlords. As the sector faces numerous challenges...
International Pensions: Planning for Retirement Abroad As the world becomes more interconnected, many individuals now work, live, or retire in multiple countries. This global lifestyle brings exciting opportunities, but also complex challenges, especially when it...
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