Under The Money Tree

Tag: pension relief

  • How I Avoid Tax on Buy to Let Profits

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    Under The Money Tree
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    If you’re a higher rate tax payer you’re currently liable to pay 40% tax on any profits you currently make on your rental properties. So assuming your Buy to Let business is making a profit each year then you really have two options to minimize your tax bill: Remortgage such that your mortgage interest payments are equal to your…