This week on Ask Rob & Rob, a nameless caller asked:
How should I approach tax planning after the government changes?
The answer deals with what the changes are are (despite the obfuscation going on), what the petition going around is, and what it’s achieved. Then it talks about the Property Hub course about using a limited company to invest in property (linked below). The next step, once you’ve checked out the course, is to talk to your accountant and see what your next step is, which will be heavily dependent on your personal circumstances.
One of the few plus sides is that there may be a lot of people exiting the market due to the changes, which will result in new buying opportunities. The important thing is being prepared, which if you’re listening to this episode, you will be!
Links mentioned in this episode
- Should you use a limited company to invest in property? Free course!
- UK government petition: reverse the planned tax relief restriction on “individual” landlords. Sign here!
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