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Property Tax Accountants
Are You…
- Starting your property business and you need help?
- A buy-to-sell or a buy-to-let investor?
- A property landlord?
- A real estate agent who offer services on foreign investors?
- An HMO or service accommodation owner who owns properties or doing rent to rent?
- Or do you need someone who can help you out on tax advisory on new investments and exiting?
Become Tax Efficient, While You Are Growing Your Property Portfolio
We can provide advice, planning and a full range of specialist services to property landlords and investors. In particular, we can provide help and advice in areas such as:
- Transferring properties into a limited company
- Other options to deal with Section 24
- Trust based property tax options
- End of Year Returns and specialist accounting platforms
- Profit extraction from a property company
- Capital gains tax and stamp duty land tax
- Minimise capital gains tax
- Help you to pay less stamp duty land tax
- Help you to reclaim stamp duty land tax
- Setup of group structures
- Set up holding companies
We’re Specialist Property Tax Accountants Helping You to Structure Your Finances
We’ll help you to pay the least amount of tax through advanced tax planning strategies, using multiple reliefs, group structure, and many other tools.
Get on a call for a consultation.
Maximise Your Investment
Whether you’re an experience or first-time buyer, it’s crucial to understand how property taxes work to gain maximum return out of your investment.
We work with a vast number of clients with property portfolios, including non-resident investors, residential and commercial property holders, property developers.
Discover the expertise of specialist property tax accountants, dedicated to assisting property landlords, investors, and developers.
We specialise in structuring your finances to minimise tax payments through advanced planning strategies. Utilising various tools, such as multiple reliefs and group structures, we ensure you benefit from the most effective tax solutions.
Schedule a consultation call to explore how we can optimise your property tax situation.
We ensure your new company is incorporated in the most tax-efficient way. Setting up a typical limited company is often a straight-forward task, however where you have other shareholders and share classes, it often pays to have the company set up professionally to ensure it is established correctly.
We can work with you to incorporate the following types of companies:
- Property SPV’s
- Group companies
- Alphabet share companies
- Holding companies
If you have business interests in the UK or rent out property, you may require a self-assessment tax return.
Despite being located overseas, if you have UK source income or investments HMRC may still require a self-assessment tax return to be submitted. This may be for residential letting income, in such cases there’s a requirement to be registered with HMRC as a Non-Resident Landlord.
We can work with you to complete your UK self-assessment tax return and minimise your UK taxes. For more information, schedule a call today.
Family Investment Companies (FIC)
A family investment company can be a great alternative to a trust when structuring the family wealth. Due to the wide-ranging suitability of a FIC, the company can be structured in a variety of ways to suit the family. Most often a FIC will be established by the older generation to invest proceeds and provide for future generations.
Example
A group structure can allow for protection and tax efficient utilisation of trading profits for investment.
Where you own multiple limited companies, it can often be beneficial to structure this as part of a corporate group. This would mean that rather than you personally owning the shares in each individual company, you would only own shares in the holding company, and the holding company would own the shares in the subsidiary companies.
Here are just some of the potential benefits:
- Protection of assets: cash and other assets can be moved out of the trading company into the holding company and ring-fenced.
- Losses: can be transferred within the group this can be offset against profits within another group company.
- SDLT: properties can be moved within the group without attracting SDLT.
- Tax free trading business exit: utilising the substantial shareholders exemption can allow for a tax-free sale of a trading subsidiary.
To find out more on how a group structure might be suitable for you, schedule a call today.
Relocating overseas to reduce taxes can be an attractive prospect, however care must be taken.
Overseas tax planning is a complex process, which requires careful consideration of the various options available, such as an overseas trust, company, or personal non-residency. Each of these options comes with a unique set of complexities, and it is essential to seek expert advice to ensure that your planning is effective.
When it comes to companies, there are additional considerations to keep in mind to ensure that the company is an overseas resident, and the place of central management and control is located overseas. Failing to meet this criteria could lead to HMRC charging the company with corporation tax on its profits.
There are many jurisdictions to consider when it comes to offshore tax planning, each offering its unique advantages. Among the popular offshore tax havens are Dubai, UAE and Monaco.
It is important to note that there is no one-size-fits-all solution to overseas and offshore tax planning. It’s imperative to work with an expert advisor who understand the landscape and can provide tailored advice to suit your individual circumstances, at City & co Accountants and Tax specialists we do just that.
City & co Accountants and Tax specialists have extensive experience working with influencers, entrepreneurs, and high-net-worth individuals to structure their income and assets tax-effectively, reducing taxes and increasing privacy.
We provide a full overseas tax planning and strategy service taking into consideration the UK and overseas tax issues giving you a step-by-step plan and complete peace of mind.
Are you looking for ad-hoc tax advice? Schedule a one-off consultation with Riz Khan.
During the consultation you can cover all of your tax related questions. Typical areas of advice include:
- How to structure UK investments?
- What to consider when relocating overseas?
- How to set up a company in Dubai?
- Setting up a UK group structure
- Incorporation of a property business
- Property development taxes
A trust can be a great tool to protect wealth and mitigate taxes.
Benefits of a UK Discretionary Trust
A UK Discretionary Trust is a popular estate planning tool, offering flexibility, tax efficiency, and protection for assets. When you transfer assets into a Discretionary Trust, you give the appointed trustees discretion over how to use and distribute the assets for the benefit of your chosen beneficiaries.
Below are some of the primary benefits of setting up a UK Discretionary Trust:
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Accountants for Professionals
We have a team of specialist accountants and business advisors catering to a wide range of professionals who work as contractors, locums, and freelancers.
We get many referrals in this area because of 1 to 1 service we provide and using the latest technology that remove a lot of hassle.
We offer regular Zoom calls to discuss any potential concerns combined with care full tax planning ensuring all allowances are claimed including doctors, dentists, opticians, vets, pharmacists, artists, barristers, consultants, developers, engineers, freelancers, IT contractors, landlords, legal professionals, musicians, pilots, project managers, social media experts, coaches, surveyors, and architects.
Our expertise spans various industries, ensuring personalised solutions for your unique needs and professional requirements.
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Tax Questions
Have your tax queries addressed promptly—fill out the form, and we'll respond with an initial answer at an affordable price. If additional work is needed, we'll transparently outline the associated costs. Schedule a consultation or call for further assistance. Your tax solutions are just a form submission away.
Answer your tax questions, call us email us we reply with outline answer ÂŁ50, if further work is required will state cost.
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Business Expansion or Relocation Services
As business expansion experts, we specialize in facilitating smooth transactions for businesses looking to establish a presence in the growing markets of UAE AND SAUDI ARABIA, from discussion to holding your hand along the path to help you set up or fully relocate your business overseas.
Our business expansion expertise specializes in facilitating smooth transitions for businesses seeking to establish a presence in the growing markets of the UAE and Saudi Arabia. We guide you every step of the way, from initial discussions to helping you set up or fully relocate your business overseas, as well as assisting you in accessing available grants and funding.