Top Tips for UK Property Investors from Enterprise Tax Consultants
Huge thanks to Enterprise Tax Consultants for supplying this weeks top tips about property tax and investment for our readers. Here, Andy Wood, their founder discusses his top ten tips for property investors and developers .
Top ten property tax tips
The Government has turned its attention very much to maximising its tax revenue from property over recent years.
Generally, one needs to have one eye on the bigger picture (will the activity be treated as an investment or as a trade?) and the other on the finer detail, including the type of property.
1. Are you a property investor or a property trader?
2. Don’t forget to document your intentions
3. Determine whether you are a commercial or residential landlord
|Read more about property investments, tax and property development here in our blog or read more from Andy here.|