Tax Insider is a new venture from TaxationWeb, the UK's leading independent tax portal.
Tax Insider
Tax Insider
Each month our tax experts reveal tax strategies to help minimise your taxes.
Slashing your taxes couldn't be easier (or cheaper)!
Here is what our tax experts are sharing with you in this month's magazine:
- 3 Ways to Give Away a ‘Substantial’ Property Interest and Avoid IHT
- Landlords! Is Your Buy to Let a ‘Cinema’ or a ‘Ship’?! – Repairs Before the First Letting
- How to Reclaim VAT on Motoring Expenses
- Protecting Potential Development Land from IHT
- Asset Sales Post Death: Who Should Sell?
- Save Your Energy – and Get Tax Relief Too
- How to Get Tax Relief When Relocating
- Tax Insider: Tax Tips
- Tax Insider: Your Tax Questions Answered!
Try Tax Insider Today!
Customer Success Stories
My accountant and I need absolutely accurate and the most up-to-date advice that we can possibly get. Time and time again Tax Insider has come up with the goods!
I wholeheartedly recommend the ‘Tax Insider’ to anyone who is interested in legitimately minimising their tax bill.
Dr Bennie Mallett, General Practitioner
I wholeheartedly recommend the ‘Tax Insider’ to anyone who is interested in legitimately minimising their tax bill.
Dr Bennie Mallett, General Practitioner
Tax Insider will cover all aspects of UK taxation and will also provide invaluable tax advice for international investors and ex-pats.
Here are just a few of the typical strategies that you can expect to find covered in the various issues of the magazine. It will show you how to:
That’s not all!
Tax insider will also:
Here are just a few of the typical strategies that you can expect to find covered in the various issues of the magazine. It will show you how to:
- SLASH your capital gains tax bill
- PUT MORE MONEY in your loved ones’ pockets by following simple Inheritance Tax Planning Tips
- RETAIN your profits by triggering various tax saving reliefs
- WIPE-OUT large tax liabilities
- IMPLEMENT simple tax saving strategies yourself
- REDUCE the tax liabilities of your business and thus boost your profits
- AVOID paying too much in taxation and accountancy fees
- PLAN your own tax strategy which will save you £thousands
- RE-INVEST your income to save on taxes
- AVOID the trauma of a tax investigation and a hefty tax bill & fine
- DECIDE yourself if a tax saving strategy will work for you
- TAKE ADVANTAGE of overseas tax friendly loopholes
- INVEST in locations that will not take all your profits in tax
- PLAN for retirement in a tax efficient manner
- SLASH VAT bills
- BENEFIT from tax saving reliefs for children
- AVOID BURDENING your loved ones with unnecessary taxes
That’s not all!
Tax insider will also:
- Notify you of any tax law that will improve or worsen your tax position!
- Provoke your mind to start thinking of how to continue to bring your tax liabilities down
- Reveal tax planning secrets which, until today, were only accessible to the wealthy because only the highly paid advisors in the country knew about them!
- Reveal strategies that are not permissible to use to avoid paying taxes
- Save Your Energy - And Get Tax Relief Too!(March 2010)
- Tax Planning and the ‘Super’ Rate of Tax(February 2010)
- Tax Planning in Divorce(January 2010)
- As You Were – Coping with the Change in the VAT Rate on 31 December 2009(December 2009)
- Stamp Duty Land Tax ‘Holiday’!(November 2009)
- Recession Planning: Decreased Stock Values(October 2009)
- Changing a Will After Death: Yes It’s Possible!(October 2009)
- Non-UK Domiciled Individuals: The 2008/09 Tax Return And Three Key Decisions To Make(September 2009)
- FHL – Is it Worth Lobbying? Is the Business Route More Effective?(September 2009)
- National Minimum Wage – New Powers and Penalties(August 2009)
- Will We Pay Less Tax if We Re-Mortgage?(March 2010)
- I don't know how I need to report my taxes(January 2010)
- How will I be taxed on nonrefundable, up front fees?(December 2009)
- Could I Claim Back The VAT Back From Buying A Shop, Through My VAT Registered Limited Company?(November 2009)
- Will Rental Income Affect My Tax Credit, If The Mortgage Interest Cost is Just Equal to The Rental Income?(November 2009)
- I am an Irish National Living Outside of The EU.(November 2009)
- Transferring Value from Pension to SIPP(October 2009)
- Can I Sell My Late Mother’s Property to My Daughter Below Market Value?(October 2009)
- What are the Tax Implications of Transferring a Property into my Son’s Name?(September 2009)
- Am I Liable for Capital Gains Tax?(September 2009)
I don't know how I need to report my taxes
I am starting out as a landlord with my first property and I don't know how I need to report my taxes. How do I sort these out and who could I talk to, to find out?
Arthur Weller Replies:
Keep a record of all your rental income and allowable expenses (attributable to your rental business) from 6 April until the following 5 April. Then amalgamate all the income and expenditure and draw up an income and expenditure account for that period. Then complete the UK Property supplementary pages (SA105) of the Self Assessment Tax Return for that tax year and send it in to the Revenue on time. It is as simple as that.
You could try ringing your local Revenue office, or downloading the SA105 (Notes) from the HMRC website.
- How to Wipe-out your CGT by Offsetting Losses!(March 2010)
- How to Improve the Energy Efficiency of a Building and Get Tax Relief(March 2010)
- Pension Contributions and Higher Rate Tax Relief(February 2010)
- Which Home Should You Pay Tax On?(January 2010)
- Expenditure(December 2009)
- Inheritance Tax(November 2009)
- National Minimum Wage(August 2009)
- Do you incur service charges at the restaurant?(August 2009)
- All Tips are Taxable(August 2009)
- How to double your own IHT nil rate band(May 2009)
Reasons to buy
- Very easy to read - written in plain english
- Written by UK leading and practising tax experts with over 200 years of combined tax expertise
- Guaranteed to minimise or avoid your tax liabilities
- Keeps you up-to-date with changes in tax legislation
- One month free trial (so you have nothing to lose)
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