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Legally Avoid Property Taxes
About this book
Lord Clyde famously said, in the case of Ayrshire Pullman Motor Services v IRC [(1929) 14 TC 754]: "No man in this country is under the smallest obligation, moral or other, so to arrange his legal relations to his business or to his property as to enable the Inland Revenue to put the largest possible shovel into his stores. The Inland Revenue is not slow and quite rightly, to take every advantage which is open to it under the taxing statutes for the purpose of depleting the taxpayer's pocket. And the taxpayer is, in like manner, entitled to be astute to prevent, so far as he honestly can, the depletion of his means by the Revenue."There is nothing illegal in avoiding tax and this book sets out 51 Top Tips to enable you to keep more of your income from property - be that income tax, corporation tax, capital gains tax or inheritance tax. It will also enable you, with the correct planning, to preserve the capital wealth that has either been created or arisen through price inflation.Whether you are taking the first steps on your property journey, whether you are a seasoned campaigner or whether you want to preserve the family wealth, this book is packed with tax tips and useful examples which will enable you to legally pay less tax, keep more of your property income - and increase your wealth.
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Table of contents
- Cover Page
- Title Page
- Disclaimer
- About the author
- A note about the examples
- Contents
- Chapter 1: Introduction
- Chapter 2: Tax Avoidance or Tax Evasion
- Chapter 3: Who and What are You?
- Chapter 4: Property Taxes: Common Areas for Investors and Traders
- Chapter 5: Avoiding Taxes in a Property Investment Business
- Chapter 6: Avoiding Taxes in a Property Trading Business
- Chapter 7: Avoiding Capital Gains Tax
- Chapter 8: Other Taxes and Tax Points to Consider
- Chapter 9: Avoiding Inheritance Tax
- Chapter 10: Tax Investigations
- Thanks