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Buying, owning & renting property: an update on the tax issues with Rebecca Benneyworth

This course provides a comprehensive review of all tax issues associated with investment properties, both residential and commercial; to update delegates on recent changes in property taxation, and to provide a quick summary of difficult issues with PPR relief. 

Course content includes:

• Domestic lettings – allowable expenses; current position with interest on loans; capital allowances? Capital gains tax; compliance issues; end of the renewals basis – some suggestion; Non-resident landlord’s scheme – quick overview
• Commercial lettings – key points to watch; CGT issues; VAT and the option to tax; sale of let property as a going concern for VAT
• Furnished holiday lettings – new rules; what is the best strategy? CGT issues; properties overseas.
• CGT on dwellings for non-residents – the new rules
• Annual charge on enveloped dwellings – an overview
• PPR – recent cases; problem areas; a practical approach; key pitfalls; proposed changes to PPR for UK residents in 2015