Like other business owners, landlords need to understand their tax obligations.
An understanding of how property income is taxed and the rules on what may be claimed will enable you to minimise your tax bill, and potentially save thousands of pounds, simply by understanding the rules.
This course, designed to suit landlords, managers, and letting/managing agents, covers private landlords’ tax obligations, when they arise, when they need to be reported and when the tax needs to be paid.
The course will also give an overview of deductible expenditure: what can be claimed, and how to maximise the benefit.
The course includes:
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Details of landlords’ tax obligations, when they arise, when they need to be reported and when the tax needs to be paid
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Basic principles behind the taxation of property income
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Information on record keeping, making tax digital, and accounting bases available
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The latest on deductible expenditure: what can be claimed, and how to maximise the benefit
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Interest and finance cost details, including what the ‘Section 24’ restrictions mean for landlords and what you can do about them
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Popular planning techniques to reduce your annual tax bill
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The pros and cons of running a property business through a company and how to transfer an existing property business into a company
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The pros and coms of residential lettings, furnished holiday lets, overseas properties, and commercial properties
Course price and how to book:
The course costs from £140 for NRLA Members and £169 for non-members, and is worth 4 CPD points.
Points can help towards or maintain your accreditation with the NRLA. If you are interested in becoming an accredited landlord with the NRLA, CPD points are necessary to achieve that status. Find out more by clicking here.
The next eClassroom courses will be held on:
Wednesday 27th April 2022
10am – 4:30pm
For more dates and to book click here.