An introduction to Tax
Welcome to "An Introduction to Tax" for property investors! 🏡💰
Understanding UK property taxes is crucial for:
✔️ Maximizing profits & reducing tax liabilities.
✔️ Ensuring compliance with HMRC regulations.
✔️ Strategically planning for business growth & generational wealth.
📌 In this module, we’ll explore:
✔️ Stamp Duty Land Tax (SDLT) – Paid when buying property.
✔️ Income Tax on Rental Income – Applied to rental earnings.
✔️ Capital Gains Tax (CGT) – Charged on property sale profits.
✔️ Corporation Tax – If you operate via a limited company.
✔️ Inheritance Tax (IHT) – Implications for passing on wealth.
✔️ Value Added Tax (VAT) – Relevant for some property expenses.
✔️ Council Tax & the Non-Resident Landlord Scheme (NRLS).
📌 By the end of this session, you’ll have a clear understanding of UK property taxation & how to optimize your tax strategy.
📥 Download the latest UK Tax Rate Guide from the resource library for up-to-date tax rates.
💡 Key UK Property Taxes Explained:
✅ 1️⃣ Stamp Duty Land Tax (SDLT) – Tax on Property Purchases
✅ 2️⃣ Income Tax on Rental Income
✅ 3️⃣ Capital Gains Tax (CGT) – When Selling a Property
✅ 4️⃣ Corporation Tax – For Limited Companies
✅ 5️⃣ Inheritance Tax (IHT) – Passing on Wealth
✅ 6️⃣ Value Added Tax (VAT) – Tax on Goods & Services
✅ 7️⃣ Council Tax – Local Authority Charges
✅ 8️⃣ Non-Resident Landlord Scheme (NRLS) – Tax for Overseas Landlords
✅ 9️⃣ Replacement Relief – Landlord Expense Claims