Should Landlords LEAVE the UK to save TAX?🇬🇧 Accountant Explains

Tax implications when UK landlords leave the UK. Is it even worth leaving the UK to save tax if you are a landlord whose main source of income is from UK land and property? In this video, I'll share three misconceptions within the UK landlord community.

There is an online debate going on that was trigger by the posts made by the famous property Guru Samuel Leeds. In this video, you will also find an analysis of a claim made by the Samuel Leeds and why tax rules can be confusing and people should seek professional advice.

Jump to these sections:
Intro & Disclaimer (0:00 - 1:04)
Debunking 3 Tax Planning Myths for UK Landlords
Myth #1: Leaving UK to escape rental income tax (1:04 - 1:52)
Myth #2: Avoiding tax with trusts by transferring properties to children (1:52 - 3:00)
Myth #3: Non-residents exempt from UK capital gains tax (3:00 - 4:52)
Conclusion (4:52 - 5:02)

Channel Intro:
Hi There! I'm a qualified accountant based in London. On this channel, I'll help you understand business, finances and navigate the often complex world of tax. We will also talk about trending topics which could be related to business.

Whether you're a business owner, freelancer, or individual taxpayer, I'll provide information and explanations on a variety of financial topics.

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Trending topics related to business and finances
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Disclaimer:
The information on this channel is for general educational and entertainment purposes only and should not be construed as professional financial or tax advice. For specific guidance related to your situation, always consult with a qualified financial advisor or tax professional.

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[SamuelLeeds]

I always tell people to get professional tax advice and was just speaking generally about Monaco, but maybe slightly misunderstood how it’s different for landlords. Thanks for picking up the point though and giving fuller picture ❤

[numerouno]

I'm 15 seconds in, please please please, never use the words Samuel Leeds and Property Guru in the same sentence ever again. The fact that guy can even sell 1 course is beyond me

[leaqui]

Love your videos mate, keep up the good work

[jmhpbli]

Im confused, someone I know stayed away from UK for work and have a rental property in uk all through. Now went back to uk. Their tax consultant said, no need pay for those years

The tax on UK sourced rental income, is it a recent update or was it always like that? What if the property is in mortgage

[setyourmindpositive]

What if you sell a company which owns property and you are not resident in the UK?

[smarterproperty]

Literally miss quoted the article in your first sentence mate. I am no Samuel Leeds fan, but please read more carefully before you start spouting your bs all over YT.