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.”

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

Family BS reduces fixed mortgage pricing for landlords and homeowners

Family Building Society has cut rates across its two-year fixed mortgage range by up...

Sprive records ninefold rise in shoppers as mortgage cashback spending reaches £185m

Mortgage cashback app Sprive has reported a sharp increase in customer activity, with shoppers...

Mortgage deals last just 15 days as volatility hits record high

Mortgage products are lasting just 15 days on average this year as lenders repeatedly...

BetterHome Group UK appoints former MAB finance director as CFO

BetterHome Group UK has appointed Martin Tullett as chief financial officer, bringing in a...

HSBC to hike residential and buy-to-let mortgage rates

HSBC UK is increasing selected fixed mortgage rates from Tuesday 20 October, affecting existing...

Latest publication

Other news

Family BS reduces fixed mortgage pricing for landlords and homeowners

Family Building Society has cut rates across its two-year fixed mortgage range by up...

Sprive records ninefold rise in shoppers as mortgage cashback spending reaches £185m

Mortgage cashback app Sprive has reported a sharp increase in customer activity, with shoppers...

Mortgage deals last just 15 days as volatility hits record high

Mortgage products are lasting just 15 days on average this year as lenders repeatedly...