Advice please. My client has now decided to sell their lett property. Is there anything I should be aware of now they have sold? Advice welcomed. Thank you.
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Nothing you can think of then? Self Assessment Property Income
Sale of propertyAdvice please. My client has now decided to sell their lett property. Is there anything I should be aware of now they have sold? Advice welcomed. Thank you.
Advice please. My client has now decided to sell their lett property. Is there anything I should be aware of now they have sold? Advice welcomed. Thank you.
Can you be more specific? Is the client paying you for tax advice? Investment advice?
Yes, lots.
Do a course quickly on tax aspects of buy to let, holiday lets and claims that interact with these and also a course on HMRC reporting of residential property sales as there are 30 days from sale to make this return and arrange a quick payment of tax.
@ uktaylor (OP).
May I briefly interject by asking you to clarify the nature of the let property, eg a dwellinghouse or commercial property (previous esteemed posters have assumed provisionally that the property is a dwellinghouse - if it is not so, then the "30 days reporting period" aspect would be inapplicable).
Basil.
Goodness gracious, what a query from a longstanding member of the profession! There are all kinds of things you need to be aware of, but nothing in particular we can advise on based on your tiny post.