Accountant's dos and don'ts for tax returns that could save you MILLIONS

The Shocking Truth About the 25% Corporation Tax Increase That Will Transform Your Rental Business Forever Being a landlord comes with its own set of financial challenges, and understanding the nuances of tax regulations is vital for optimizing your returns. By staying informed about changes to corporation tax, leveraging the expertise of your accountant, considering the benefits of personal ownership versus a limited company, reviewing key takeaways from your tax returns, and anticipating the evolving landscape. Let's meet our guest Introducing Diane, a true tax expert with an incredible track record of saving landlords like you thousands of pounds. With over 25 years of experience in the field and as a Chartered Tax Advisor since 2001, Diane has been an invaluable asset to the renowned Stiles & Company since 2003. In fact, her expertise is so exceptional that she became the head of their esteemed Tax Department and even became a Director/Shareholder in 2015. As the manager of the tax department, Diane specializes in devising comprehensive tax planning strategies for both individuals and businesses. Diane's vast knowledge spans a wide range of tax areas, making her a true authority in the field. Whether it's personal tax, capital gains tax, property tax, corporation tax, or inheritance tax, she's got you covered. What we cover on this week's episode: Effect of corporation tax increasing to 25%  The role of your accountant  Personal ownership Vs Limited Company  Five key takeways from your tax return  The future of landlords and the HMRC How to plan your taxes Our mission is to provide our subscribers with industry breaking news, letting legislation changes and market trends.  So, make sure you hit that subscribe button ladies and gents. Your hosts are Andy Brown, Ian Macbeth & Mike Robson Follow us on socials here:  Facebook – https://www.facebook.com/TheLandlordPage Website – https://avocadopropertyagents.co.uk/landlords LinkedIn - https://www.linkedin.com/company/thelandlordpagepodcast/