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News + Blogs + Podcasts

August News and Updates

Hello to all our readers,

In this months newsletter we are pleased to provide our latest podcast where we discuss issues with owning a UK property through an Offshore letting company.

We've got a great article if you are thinking of gifting your children a property and expert tax advice if a holiday property let takes your fancy!

On the business front, if you're using a bounce-back loan, be careful what you might be spending it on, don't fall foul of the tax man!

Special Charity Announcement! Amanda is taking part in the Bracknell Half Marathon. We would love you to take the time to read her personal, emotional story as to why this charity is so close to her heart.

Bracknell Half Marathon; Can Amanda do it?! Please support this wonderful charity and find out about Amanda's story here. Read more>>>

Offshore Property Tax Issues

The issues with owning UK property through an Offshore letting company..... In this podcast episode , we are joined by our regular guest, Katherine Bullock a leading barrister and one of the UK's most influential tax advisors. Katherine explains and we discuss the tax issues of offshore letting companies owning UK land property. Listen now>>>

Gifting Property To Children

Gifting property to the children. No one likes the idea of the taxman taking a chunk of their estate when they die, particularly if it will be necessary to sell a much-loved property to pay the inheritance (IHT) bill. The introduction of the residence nil rate band (RNRB -set at £175,000) means that. Read more>>>

New Furnished Holiday Lets

New furnished holiday lets – Applying the test. Now that staycations are all the rage, some of you may be thinking of buying a property to use as a furnished holiday let. Unlike other rental properties, furnished holiday lettings enjoy special tax rules.. Read more>>>

Using a 'Bounce Back Loan'​

Using 'bounce back loan'​ to pay dividends - Is that what it was for? Did you receive a bounce back loan? Make sure you don’t use it for personal reasons. While using the loan to pay a salary is allowed, other uses may lead to fraud investigations by National Crime Agency (NCA) under the anti-money laundering rules. Read more>>>

If you are looking at help or advice on any of the following services please feel free to contact us direct or find out more using the links to our web pages below:

Specialist tax advice and accountancy

Trusts and estate planning for business and individuals

Tax and the more complex anti-avoidance rules

Corporate & Commercial structure to avoid partner disputes

Financial planning services related to property acquisition

Thank you for reading our latest news and if you've got a tax or legal issue you would like us to cover in our next newsletter, or any specific questions related to our articles this month, please let us know!

Kind regards, Simon, Amanda and the team at Bell Howley Perrotton.