Many expat clients may find themselves having to return to the UK in a hurry. But what happens if they have given up their home because of the tax burden of retaining an interest in the property market? Ben Simmonds and Raquel Plaza look at the issues
Property has long been seen as a dependable investment option in the UK. Many consider bricks and mortar a solid, tangible asset, and buy-to-let can provide a steady income stream. However, as with all investments, property has its pros and cons – and the list of drawbacks has been growing steadily over the last decade. Rising taxes, tightening regulation and falling net yields mean the landscape has changed dramatically. For many landlords, diversifying away from UK property may now offer better long-term value, less hassle and improved financial outcomes. A series of tax and regu...
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