The rental property market has always been considered a sound investment, potentially delivering high returns over time. But different kinds of ownership and complex rules around tax relating to property and rental income make it a confusing area to navigate.
Perhaps you already own rental property? Maybe you’re considering acquiring property to let out or have ambitions to build an investment portfolio? Whatever stage you’re at on your rental property journey, you can’t afford to miss our November workshop.
In Property Taxation Essentials & Opportunities, Inca founder Graham Carson will explain how taxation on property and rental income works in different scenarios, clarify the obligations that rental property owners have to HMRC – and share advice about the different ways property owners can legitimately reduce the amount of tax they pay.
Inca works with clients who own rental property privately and through Limited Companies, helping them to optimise their tax efficiency while staying fully compliant. We’ve helped many individuals and businesses take their first steps into the rental property sector, advising and supporting them as they’ve grown their portfolios.
Who Is It For?
Our workshop is for anyone who is already investing or thinking of investing in rental property. In particular:
- Private individuals – including those jointly owning rental property
- Owners of limited companies
- Professionals acting on behalf of rental property owners
What Will You Learn?
During this workshop, Graham will cover the essential areas of tax that every rental property owner needs to know about, including:
- The different types of ownership options for buy-to-let, commercial and holiday rental properties, including private ownership vs limited company ownership
- The tax implications of each type of ownership in relation to Income Tax and Capital Gains Tax
- Revenue-splitting for each type of property ownership
- Allowable expenses and the difference between capital and revenue expenditure
- Your obligations to HMRC and the tax implications of rental property in relation to:
- Self Assessment
- Property Disposal
- Let property campaign
- Overseas property
Graham will ensure the content of his presentation is accessible to everyone. He’ll avoid using financial and accounting jargon, and you don’t need to have any pre-existing knowledge of the rules around rental property taxation to benefit from what he’ll have to say.
By the end of the morning, you’ll have a clear understanding of how tax works in different ownership set-ups, what you can do to optimise your revenue from property rental, and your obligations to HMRC.
About Graham Carson
Graham Carson is Sales Director of award-winning Inca Accounting, the business he co-founded with his wife Lesley more than 15 years ago. In addition to working with the owners of micro to small start-ups, helping them build and grow successful, sustainable businesses, Inca advises and supports owners of rental property acquired privately or through limited companies, helping them with all aspects of tax.
A key differentiator that sets Inca apart from most other accountants is the company’s philosophy of ‘caring accounting’. Inca is committed to supporting a range of community projects and donates a percentage of its annual profits to local charities
Get Clear About Rental Property Tax & Learn How to Optimise Your Revenue!
Our face-to-face workshop is a must-attend event whether you’re a seasoned rental property investor, new to the sector, or exploring your options and wondering if it’s right for you.
It will be friendly and informal, and there will be time to ask questions. We look forward to seeing you there!
Property Taxation Essentials & Opportunities
Thursday 9th November 2023, 9:30 am – 12:30 pm
Venue: Goring and Streatley Golf Club