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Mark Alexander on Muck Rack

Mark Alexander

Norwich
As seen in: Property118.com, ZDNet, CIO, National Law Journal, Canon EMEA Pro, Lexology, BikeRadar, Supermarket News, Mondaq, Quillette, Worth Magazine and
Investing in property since 1989 and founder of Property118.com - background in property, law, tax, lettings and financial services
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Articles

Open letter to HMRC: Please clarify the 20-hour guidance for landlord incorporation relief

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By Mark Alexander
| Property118.com Verified
To the Commissioners for His Majesty’s Revenue and Customs Dear Commissioners, We are writing to ask HMRC to revisit one sentence in paragraph CG65715 of the Capital Gains Manual, which deals with the meaning of “business” for the purposes of incorporation relief under section 162 of the Taxation of Chargeable Gains Act 1992.
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Prime Minister Burnham and the Manchester Housing Crisis

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By Mark Alexander
| Property118.com Verified
Andy Burnham could hardly have chosen a more appropriate housing priority for his first days as Prime Minister. His Government has announced an urgent national drive to end rough sleeping, supported by an additional £340 million, while he has also promised a substantial increase in council housebuilding. That commitment deserves support.
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HMRC’s quiet rewrite could trap profits landlords have already paid tax on

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By Mark Alexander
| Property118.com Verified
The controversy surrounding HMRC’s recent rewrite of BIM45690 and BIM45700 initially appeared to concern a relatively narrow question: whether a landlord can refinance a property business, withdraw capital and continue to obtain tax relief for the interest where the money withdrawn is then used for personal purposes. The implications may be considerably wider than that. A positive capital account does not consist only of the cash originally introduced when a business began.
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