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Warning about Property 118 / Cotswold Barristers

Covering Market, Trends, and Practical (but see LEMON-AID for Building & DIY)
Clitheroekid
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Warning about Property 118 / Cotswold Barristers

#629443

Postby Clitheroekid » November 23rd, 2023, 2:27 pm

Many residential landlords may have been tempted by the schemes offered by this lot.

The old adage that if something appears too good to be true it probably is would seem highly relevant, so I'd strongly recommend reading this before entering into any such schemes:

https://www.taxpolicy.org.uk/2023/09/13/property118/

RockRabbit
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Re: Warning about Property 118 / Cotswold Barristers

#629465

Postby RockRabbit » November 23rd, 2023, 3:39 pm

Clitheroekid wrote:Many residential landlords may have been tempted by the schemes offered by this lot.

The old adage that if something appears too good to be true it probably is would seem highly relevant, so I'd strongly recommend reading this before entering into any such schemes:

https://www.taxpolicy.org.uk/2023/09/13/property118/

What isn't immediatlely obvious from the linked article is that the author, "Dan", is in fact Dan Neidle (who I believe runs Tax Policy Associates). DN is one of the UK's top tax specialists with a number of 'scalps' under his belt.

https://en.wikipedia.org/wiki/Dan_Neidle

RockRabbit
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Re: Warning about Property 118 / Cotswold Barristers

#630364

Postby RockRabbit » November 28th, 2023, 10:18 am

And here comes the HMRC sledgehammer ...

https://www.tax.org.uk/hmrc-one-to-many ... businesses


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