Wouldn’t it be nice if you could obtain free tax advice on all your property transactions? Taxation on property deals can be extremely complicated matters, and there are big firms out there who specialise in providing this very service, at a price. But did you know you could avoid all these charges by making one simple telephone call. And here’s how:
Pick up the telephone and dial the Inland Revenue (in the United Kingdom) In the United States I suggest you try the Internal Revenue.
But in Britain if you ring the Inland Revenue and ask to speak to someone about property tax matters they will put you through to a highly qualified person who will answer all the questions you may have. You do not have to identify yourself if you prefer not to, and if you speak to the Customs and Excise Office and ask to speak to an advisor regarding Vat on property matters, they will not ask you for you Vat number either, so you can ask your questions in the confidence of knowing that it will not affect your tax position, or liability, in any way.
Before you ring them make a list of the questions that you have that need answering so you don’t miss anything, and as soon as you are through to an advisor, ask away to your heart’s content. If you prefer to go online and see what they can do for you please take a look at their website which is www.inlandrevenue.gov.uk/menus/help.htm
So next time you have complicated tax questions to answer regarding your property transactions don’t pay an accountant big bucks to come up with the answers. Speak direct to the taxman himself, and you may well be pleasantly surprised that they will answer all your questions for you, and what’s more at zero cost! Never spend your hard earned cash on advice and expertise that you could quite easily and legitimately obtain for free.
David Carter’s latest published work is SPLAM! Successful Property Letting And Management. Splam! contains over 240 pages of hints and tips on how to start your own property business on a limited budget, and how to successfully let residential property. You can view actual extracts of the book at http://www.splam.co.uk and order a download or a hard copy at this site or you can go direct to the publishers at http://www.lulu.com/dc He also runs a holiday cottage website where you can access over 7,000 holiday cottages, apartments and villas worldwide at http://www.pebblebeachmedia.co.uk Don’t you deserve a holiday? Well of course you do! You can contact David on any matter any time at supalife@aol.com