General (main property discussion here) - Tax Question....Anyone know ?

David Meek

Wed 8 Feb 2006
15:18

16 posts

I had a meeting with my accountant recently and he said...."if there is a way of running my BTL's as a schedule A instead of schedule C business almost 75% of Capital Gains could be written off

Any thoughts anyone?

tom harwood

Wed 8 Feb 2006
21:33

386 posts

found this

http://www.hmrc.gov.uk/manuals/pimmanual/PIM2330.htm

perhaps some kind accountant can translate it?

tom

Frank West

Fri 10 Feb 2006
14:16

288 posts

I agree Tom it certainly does need to be translated.

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