Product Description

If you're putting money into property you should seriously consider the benefits of setting up your own company. The potential tax savings are huge. For example, using a company it's possible to get the taxman to completely fund your rental losses. One fascinating new example shows how an investor with a GBP10,000 rental deficit is able to obtain a tax refund of GBP16,600, thus turning a loss into a profit! There are also a number of drawbacks and traps to avoid, so it's essential to arm yourself with all the relevant facts.This guide looks at the whole picture and explains ALL the tax consequences of using a property company. It contains dozens of examples and tax planning tips that you simply won't find anywhere else.

Product Details

• Amazon Sales Rank: #81684 in Books
• Published on: 2008-06-19
• Original language: English
• Number of items: 1
• Binding: Paperback
• 312 pages

About the Author
Carl Bayley is an expert at translating complex tax laws into plain English and helping investors and businesses pay less tax. Trained as a chartered accountant, Carl is a well-known conference speaker and a regular contributor to television and radio on tax matters.

Customer Reviews

Easy to read and very informative
I bought this book for my daughter and son in law, who have taken charge of several properties previously belonging to myself. I decided to look up a few points before passing the book along, and ended up reading the whole thing and ordering another copy for her, as I found the book very easy to read (I was expecting to be overwhelmed with accountant's talk), and very informative indeed. It is nice to see that the book is updated regularly, and I will certainly be buying future publications.

An excellent, informative book
This is essential reading for anyone considering using a property company to run their business. Completely up-to-date and easy to read, it is full of useful information that came in very helpful when I was faced with this decision - I would whole-heartedly recommend the book to anyone in the same boat!

Very useful!
I bought this guide recently as I was interested in minimizing tax when purchasing new properties and selling them on through a property company. I found the information contained within the guide to be both helpful and also opened new doors which I hadn't considered. I really liked how the author Mr Bayley was able to explain everything clearly and always provided examples when needed, which made this an excellent read.