|
Owning rental properties in the UK can be a great way to generate passive income, but it comes with a number of tax responsibilities. At Tax4UK.com, we’ve put together a comprehensive guide to help property owners understand the tax implications of renting out properties. We’ll cover topics such as income tax on rental earnings, allowable expenses, and strategies for reducing tax liabilities. Our team also provides guidance on capital gains tax (CGT) when selling property and offers tips for landlords on how to structure their property portfolio for optimal tax efficiency. Whether you’re a seasoned property investor or just getting started, this article will help you make informed decisions about your tax obligations.
|