Clause 24 solutions do exist I have written two previous blogs on Clause 24 solutions. The first one can be found by clicking this LINK and the second HERE. The main components of clause 24 affecting the residential landlord are: Removal of the 10% wear & tear allowance. This is effective from 6th April 2016. From […]Read More
Elizabeth Ramsey Vs HMRC case Elizabeth Ramsey Vs HMRC case has particular implications for property investors who hold residential property in their personal names. The case provides a way for investors to mitigate the tax implications of clause 24, by allowing them to transfer their property business into a limited company. Once they do this […]Read More
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