CHL to hold broker webinar on limited company allowable expenses

Published on

The subject of the next free webinar organised by CHL Mortgages for Intermediaries will be the allowable expenses limited company landlords can claim.

Registration for the ‘Demystifying Tax: What Landlords Can Offset When Holding BTL Property in a Limited Company’ webinar, which will be held on Thursday 23 January between 10am and 11am, is now open.

Hosted by Roger Morris the session will feature clear and concise insights from tax expert John McCaffery, from Alexander & Co. Chartered Accountants, and Simon Read, director of strategic development at CHL Mortgages for Intermediaries.

DETAILS

The webinar will focus on a number of key areas, including:

  • The finance costs that can be offset, including mortgage interest payments, arrangement fees, broker fees, legal fees and valuation fees.
  • Other allowable costs in a limited company, including professional fees, property management costs, repairs and maintenance.
  • The advantages of holding buy-to-let properties in a limited company structure, including the ability to claim mortgage interest as an expense, retention of profits and potentially lower corporate tax rates.

Morris (pictured), group distribution director at Chetwood Bank, CHL’s parent, said: “Taxation can often feel like a maze, especially when it comes to knowing what landlords can claim as allowable expenses for rental properties held in a limited company.

“This session, the latest in our series of educational webinars, is designed for landlords, advisers or anyone exploring the benefits of using a limited company to manage their property portfolio.

“Brokers logging on to the session will learn how landlords can reduce their tax liability, find out about allowable expenses and finance costs, and learn more about how landlords can make informed decisions about managing their buy-to-let investments.”

Latest POLL

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Dividend growth could be boost for mortgage sector

Despite a 4.6% fall in UK company dividends during the first quarter of 2025...

Five-year frenzy: Brokers urged to act as fixed-rate terms end

Mortgage brokers are being urged to step up their client engagement strategies as a...

The Mortgage Soup view: Challenges and opportunities for brokers

One of the biggest focal points for brokers this year is the sheer volume...

Advisers warned of regulatory risks over neglecting wills and LPAs in later life lending

Financial advisers could be falling short of regulatory expectations and endangering customer outcomes by...

Other news

Buy-to-let market could be mere months away from seismic shift

As the Renters Reform Bill works its way through parliament there should be much...

How a JBSP mortgage can help boost affordability

With the average house price in the UK nearing £300,000, affordability remains a sticking...

Dividend growth could be boost for mortgage sector

Despite a 4.6% fall in UK company dividends during the first quarter of 2025...
Advertisement