Whether you’re just starting out in business, or have been at it for a while, there are three main types of ‘trading vehicle’ to consider if you want to make...
If you organise your affairs you could pay less tax
Minimise your VAT charges & make more profit
If you qualify for PPRR you also qualify for Lettings Relief, and the deemed occupation rules mean multiple properties could qualify all at the same time!
Landlords encouraged to spend!
Its one or the other and you are responsible for applying the correct rate.
Get it wrong and either HMRC or your customer will quite rightly expect you to pay.
The proposed withdrawal of some of the tax benefits associated with Principal Private Residence Relief means it might be worth considering selling before April 2020
For those of you who run a holiday accommodation business and live on the premises
Is Inheritance Tax really a voluntary tax?
Don't overpay VAT. Get advice.