5 HUGE MISTAKES Landlords Make with Tax Returns | The Property Tax Show E05

What are the most common mistakes landlords make on their tax returns - and how can you avoid them? If you live in the UK and have rental income, you'll usually have to pay tax on it. You do this by filing a Self Assessment tax return if you own property in your personal name, or a company tax return if owned via a limited company. In episode #5 of The Property Tax Show, Provestor CEO, James, and Head of Tax, Nadeem, dive into the top five mistakes we’ve seen landlords make when completing their property tax return. #taxreturn #selfassessment #landlords #propertyinvestment ► Watch Episode #1 of The Property Tax Show: 3 mistakes landlords make with limited companies: https://youtu.be/yZdJN4mKbfU ► Watch Episode #2 of The Property Tax Show: 4 tax efficient ways to take profit out of your limited company: https://youtu.be/164mMTntk8k ► Watch Episode #3 of The Property Tax Show: Transferring properties into a limited company: https://youtu.be/LKBMFgae0Jc ► Watch Episode #4 of The Property Tax Show: LLPs vs partnerships: routes to property incorporation: https://youtu.be/T0UfoURerp4 ► Subscribe to our YouTube channel: https://bit.ly/3oa145w ---------- PROPERTY TAX ADVICE: Need one-to-one advice on incorporating? Book a personalised consultation with Nadeem or one of our property tax experts: https://bit.ly/3QE5Ndd ---------- FREE RESOURCES: **MUST READ** Buying your next property in a limited company? Don’t complete until you’ve read our Expert Guide on Avoiding Ltd Tax Mistakes: https://bit.ly/3Zp7hN3 Expert Guide: An Introduction to Property Tax: https://bit.ly/3OF29hv BTL Tax Calculator: https://bit.ly/3HMEY2z SDLT Tax Calculator: https://bit.ly/3OqqEPg CGT tax Calculator: https://bit.ly/3Nddvbd ---------- PROVESTOR - THE PROPERTY ACCOUNTANTS We're Provestor, an award-winning accountancy firm that specialises in supporting landlords and property investors. We offer: - In-depth, tailored property tax advice - Award-winning property accounting app - Fast, expert support from our accountants Explore our property accountancy services from just £59/m: https://bit.ly/39KvHvh ---------- Like and follow our socials: TikTok: @propertytaxshow LinkedIn: https://bit.ly/3HaEYZq Instagram: @provestoruk Twitter: @provestoruk Facebook: https://bit.ly/3qqhhXa ---------- Subscribe to our monthly email newsletter for the latest property tax news: https://bit.ly/3HOYlYO