Dean Wootten

Mixed partnerships of individuals and companies may not be so popular in future

DEAN WOOTTEN examines recent tribunal decisions concerning in-year PAYE penalties

DEAN WOOTTEN explains the effects of the new rules for furnished holiday lettings

DEAN WOOTTEN considers whether high rate start ups should be unincorporated for the first two years.

DEAN WOOTTEN discusses the pros and cons of holding residential property in a self-invested personal pension.

THE ABILITY TO hold residential property in a self-invested personal pension post 5 April 2006 is causing great interest. The interest is fuelled by a number of key factors that come into force on 6 April 2006, i.e. for the purposes of pension simplification known as A-day. The factors affecting SIPPs are best explained by way of an example.

TaxAid Property Investors' Conference held on 27 February 2005, reported by Rebecca Cave FCA CTA, director of Taxwriter Ltd.

Speakers quoted:

DEAN WOOTTEN goes back to basic principles with lettings relief.

WHERE THE CONDITIONS of TCGA 1992, s 222 'Relief on disposal of private residence' are met, the gain on the sale of a property may be reduced in whole or part by only or main residence relief. After applying this relief, any remaining gain may be reduced by a letting exemption under s 223(4) . This article will consider the, often valuable, letting exemption and offer opinion on a favourable interpretation of the exemption. Statutory references are to the TCGA 1992, unless otherwise specified.

DEAN WOOTTEN looks at the tax deductible funding of buy-to-lets, and uncovers a generous provision on withdrawing capital by re-mortgaging