SUE BRYER LANDLORD TAX TRAINING
Due to the Coronavirus pandemic our tax courses are virtual events click eventbrite link below
To book for Part 1 and /or Part 2
of the Specialist Landlord Tax course:
£55 for Part 1 or 2 and £99 for both
TO BOOK AN ONLINE VIRTUAL CLASSROOM PLACE ON PART 1 AND/OR PART2 (REDUCED PRICE FOR BOTH) CLICK THE EVENTBRITE LINK :
https://landlord-tax-training-virtual-course-31-st-oct.eventbrite.co.uk
THE AIMS OF THE COURSE AND VALUE TO THE DELEGATES
SEE MODULES BELOW
The Specialist Landlord and Property Taxation Course
The ONLINE SPECIALIST Landlord and Property Taxation Course
Online virtual classroom opportunity to educate and learn about the landlord tax regime taught through conceptual learning and user friendly examples
Landlords are asking themselves what is Section 24 and how is it affecting me? This course will highlight the new tax changes phased in by 2020-2021 -whereby the landlord will only be able to claim 20% relief off their tax bill.
NB - It won’t always be the 20% value of the interest loan relief. This is the hidden detail which has not been addressed.
The most vulnerable group of landlords are those who are 20% tax payers as they have been informed that they will not be impacted and will receive 20% relief from their finance costs. The devil is in the detail and this sound bite is misleading. In this course quality work is done on the Income Tax regime and specifically tax thresholds to enable the landlords to work out their own individual position with S24.
Every portfolio is differently structured financially so understanding the impact on your individual portfolio is key.
PART 1 ONLINE TAX COURSE 31st Oct approx 3 hrs with 10 min comfort break
Introduction and overview of the UK Tax regime
Inheritance Tax, Capital Gains Tax (brief overview) and Corporation Tax
Income Tax –an analysis and its relationship with section 24 (new way of being taxed- new vocabulary that is essential
Allowable expenses and what to offset
Full explanation of Section 24 tax implications and clear worked examples
An explanation of why 20% tax payers are possibly the most vulnerable-how often do you hear the soundbites that a 20% tax payer will not be affected? - they will be if they are not educated on what to monitor.
Templates created by myself will be shared on the course to enable landlords to complete calculations on their own personal portfolios and to understand their tax liability
Your 20% tax reducer (relief) may not be your finance costs! - I will share the devil in the detail around the three calculations to monitor to ensure your mortgage relief is your 20% tax reducer i.e the relief off your tax bill.
PART 2 ONLINE TAX COURSE 1st Nov approx 3 hrs with 10 min comfort break
To operate as a company or individual investor -(pros and cons of incorporation)
LLPs - a thorough explanation of the benefits of an LLP and how the drafting of ‘model clauses’ - which are shared - are essential to get the required flexibility for tax purposes
The various options available, and which ones to use in the light of S24- remodel, restructure, refinance or a new business environment - holiday lets?
How to move from individual ownership to a company model or LLP
Trusts -an introduction to their use and how they are taxed
Making Tax Digital
Smart exits and strategies during your lifetime for wealth management
Course management and joining instructions see below
Due to the Coronavirus pandemic our tax courses are being run online as Virtual Training Events. On booking a place, you will be sent a weblink to join our course using the Zoom Webinar Platform.
There is no need for you to download the Zoom app – just click on the link.Your screen will show both a video of your trainer and the PowerPoint slides used during training.
You will need to be able to listen live to the trainers on your computer, laptop or tablet and if you want to ask a question live, a microphone will need to be enabled on your chosen hardware.
Alternatively, you will be able to ask a question by typing it into the Q and A box and a second trainer will supply or an answer or ask the live trainer to deal with query as if on a face to face course.”
please listen to my podcasts for more information
The truth and impact of S24 and the new way landlords are taxed has not been fully explained or understood.
Every portfolio is differently structured financially -understanding the impact on your individual portfolio is key.
Many landlords may begin to look for the causes of their higher tax bill and ask for help and possible solutions over the coming years.
This course is essential for all landlords as the impact of S24 of the Finance Act 2016 and its hidden ill effects take hold on every property portfolio with mortgages, potentially putting a landlord into a position where they are unable to pay their tax bill. Landlords must take decisive action and engage with these changes before it is too late.
With ‘user friendly’ worked examples the course focuses on conceptual understanding before the figures and calculations are applied.
CLASSROOM SPECIALIST LANDLORD COURSE
Course content:
Introduction and overview of the Tax regime
Income Tax
Capital Gains Tax
Corporation Tax
Inheritance Tax
Digital Tax
Application of Section 24 (tenant tax)
Gifting and potentially exempt transfer
The benefits of incorporating your business
Hold as a company vs hold as an individual
Self-assessment and tax returns
Allowable expenses and what to offset
An introduction to Trusts
Smart exits and strategies
*Please note it is advisable to bring a calculator when attending this landlord training session. *
The course will look at possible solutions and the emerging strategies available to the landlord to mitigate these changes.
We will empower you to:
Guide you through the theory surrounding tax legislation
understand the ongoing consequences of S24
Investigate and provide options to mitigate the impact of S24
Outline your rights, responsibilities and liabilities
Give insight into improving the restructuring of your portfolio
Helping you understand and clarify your future tax liability
Provide practical examples to ensure you understand basic calculations
Instigate thought-provoking discussion
By the end of this landlord training course you will also be better informed when seeking expert advice, and in the event you decide to instruct an accountant or tax expert, you will be able to steer and request the tax efficient detail which could potentially save on significant fees.,