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	<title>Oaktree Accountancy &#187; Personal Finance &amp; Tax</title>
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	<description>Accountancy, Tax &#38; Book-keeping</description>
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		<title>Will I have a CGT Bill When I Sell My Buy-To-Let ?</title>
		<link>http://www.oakacc.co.uk/will-i-have-a-cgt-bill-when-i-sell-my-buy-to-let</link>
		<comments>http://www.oakacc.co.uk/will-i-have-a-cgt-bill-when-i-sell-my-buy-to-let#comments</comments>
		<pubDate>Wed, 21 Jul 2010 04:58:10 +0000</pubDate>
		<dc:creator>Chris Macleod</dc:creator>
				<category><![CDATA[Personal Finance & Tax]]></category>
		<category><![CDATA[31 January]]></category>
		<category><![CDATA[accountancy]]></category>
		<category><![CDATA[accounting]]></category>
		<category><![CDATA[book-keeper]]></category>
		<category><![CDATA[capital gains tax]]></category>
		<category><![CDATA[change accountant]]></category>
		<category><![CDATA[cockermouth]]></category>
		<category><![CDATA[cumbria]]></category>
		<category><![CDATA[Disposal Date]]></category>
		<category><![CDATA[furnished holiday let]]></category>
		<category><![CDATA[furnished lets]]></category>
		<category><![CDATA[HMRC]]></category>
		<category><![CDATA[Letting Relief]]></category>
		<category><![CDATA[losses]]></category>
		<category><![CDATA[PPR]]></category>
		<category><![CDATA[Principal Private Residence]]></category>
		<category><![CDATA[tax]]></category>
		<category><![CDATA[Taxable Gain]]></category>
		<category><![CDATA[VAT]]></category>

		<guid isPermaLink="false">http://www.oakacc.co.uk/?p=513</guid>
		<description><![CDATA[1. Summary of Key Points


There are three rates of Capital Gains Tax as from 23 June 2010 – 10%, 18% and 28%.
A Furnished Holiday Let is taxed at the 10% rate.
If your taxable income plus gains in the tax year is above £43,875 you’ll be taxed at 28%.
Each UK resident has an annual CGT exempt [...]]]></description>
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		<title>Pre-Budget Report 2009 &amp; Election 2010</title>
		<link>http://www.oakacc.co.uk/pre-budget-report-2009-election-2010</link>
		<comments>http://www.oakacc.co.uk/pre-budget-report-2009-election-2010#comments</comments>
		<pubDate>Tue, 22 Dec 2009 10:45:25 +0000</pubDate>
		<dc:creator>Chris Macleod</dc:creator>
				<category><![CDATA[Personal Finance & Tax]]></category>
		<category><![CDATA[accountancy]]></category>
		<category><![CDATA[accountants]]></category>
		<category><![CDATA[accounting]]></category>
		<category><![CDATA[benefit-in-kind]]></category>
		<category><![CDATA[book-keeper]]></category>
		<category><![CDATA[capital gains tax]]></category>
		<category><![CDATA[cockermouth]]></category>
		<category><![CDATA[cumbria]]></category>
		<category><![CDATA[electric van]]></category>
		<category><![CDATA[GDP]]></category>
		<category><![CDATA[HMRC]]></category>
		<category><![CDATA[ISA]]></category>
		<category><![CDATA[National debt]]></category>
		<category><![CDATA[National Insurance]]></category>
		<category><![CDATA[pension]]></category>

		<guid isPermaLink="false">http://www.oakacc.co.uk/?p=378</guid>
		<description><![CDATA[1.     Summary of Key Points

 UK politics are likely to impact on UK businesses more than usual in 2010.
The UK economy debt mountain is twice the size of the maximum level targeted by the Government.
Areas which get a favourable tax treatment might be easy targets to help reduce the debt.
It still makes sense for many [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Can I pay less tax on my holiday let?</title>
		<link>http://www.oakacc.co.uk/can-i-pay-less-tax-on-my-holiday-let</link>
		<comments>http://www.oakacc.co.uk/can-i-pay-less-tax-on-my-holiday-let#comments</comments>
		<pubDate>Mon, 30 Nov 2009 15:53:36 +0000</pubDate>
		<dc:creator>Chris Macleod</dc:creator>
				<category><![CDATA[Personal Finance & Tax]]></category>
		<category><![CDATA[accountancy]]></category>
		<category><![CDATA[accountants]]></category>
		<category><![CDATA[accounting]]></category>
		<category><![CDATA[book-keeper]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[capital allowances]]></category>
		<category><![CDATA[cockermouth]]></category>
		<category><![CDATA[cumbria]]></category>
		<category><![CDATA[furnished lets]]></category>
		<category><![CDATA[HMRC]]></category>
		<category><![CDATA[holiday let]]></category>
		<category><![CDATA[loss relief]]></category>
		<category><![CDATA[losses]]></category>
		<category><![CDATA[tax]]></category>

		<guid isPermaLink="false">http://www.oakacc.co.uk/?p=318</guid>
		<description><![CDATA[1.    Summary of Key Points
•    Follow the guidance on “Can I pay less tax on my Buy to Let” as most of this also applies to holiday lets.
•    A holiday let meeting certain conditions enjoys a more favourable tax treatment.
 
2.    Background
Furnished holiday lets have long enjoyed a more favourable tax treatment than standard “buy [...]]]></description>
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		</item>
		<item>
		<title>How Should I invest my money?</title>
		<link>http://www.oakacc.co.uk/how-should-i-invest-my-money</link>
		<comments>http://www.oakacc.co.uk/how-should-i-invest-my-money#comments</comments>
		<pubDate>Sun, 15 Nov 2009 14:35:19 +0000</pubDate>
		<dc:creator>Chris Macleod</dc:creator>
				<category><![CDATA[Personal Finance & Tax]]></category>
		<category><![CDATA[accountancy]]></category>
		<category><![CDATA[accountants]]></category>
		<category><![CDATA[accounting]]></category>
		<category><![CDATA[book-keeper]]></category>
		<category><![CDATA[charges]]></category>
		<category><![CDATA[cockermouth]]></category>
		<category><![CDATA[cumbria]]></category>
		<category><![CDATA[fees]]></category>
		<category><![CDATA[fund managers fail]]></category>
		<category><![CDATA[Government bonds]]></category>
		<category><![CDATA[HMRC]]></category>
		<category><![CDATA[index-tracker]]></category>
		<category><![CDATA[ISA]]></category>
		<category><![CDATA[National Savings]]></category>
		<category><![CDATA[pension]]></category>
		<category><![CDATA[Retail Prcies Index]]></category>
		<category><![CDATA[risk profile]]></category>

		<guid isPermaLink="false">http://www.oakacc.co.uk/?p=256</guid>
		<description><![CDATA[1.     Summary of Key Points

 What specific risks do you face over your investment timeframe?
Consider making your own investments if you are interested enough.
Everyone should at least consider an index-tracker, index-linked National Savings and Government bonds.
Everyone should consider owning their investments within an ISA or pension or both.
Ask searching questions of all financial advisors before [...]]]></description>
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		</item>
		<item>
		<title>Can I pay less tax on my Buy-to-let?</title>
		<link>http://www.oakacc.co.uk/can-i-pay-less-tax-on-my-buy-to-let</link>
		<comments>http://www.oakacc.co.uk/can-i-pay-less-tax-on-my-buy-to-let#comments</comments>
		<pubDate>Fri, 13 Nov 2009 16:15:32 +0000</pubDate>
		<dc:creator>Chris Macleod</dc:creator>
				<category><![CDATA[Personal Finance & Tax]]></category>
		<category><![CDATA[000]]></category>
		<category><![CDATA[10% of gross rental income]]></category>
		<category><![CDATA[31 January]]></category>
		<category><![CDATA[31 January 2011]]></category>
		<category><![CDATA[31 July]]></category>
		<category><![CDATA[accountancy]]></category>
		<category><![CDATA[accountants]]></category>
		<category><![CDATA[accounting]]></category>
		<category><![CDATA[book-keeper]]></category>
		<category><![CDATA[capital]]></category>
		<category><![CDATA[cockermouth]]></category>
		<category><![CDATA[cumbria]]></category>
		<category><![CDATA[fees]]></category>
		<category><![CDATA[furnished lets]]></category>
		<category><![CDATA[HMRC]]></category>
		<category><![CDATA[interest element]]></category>
		<category><![CDATA[interest only mortgage]]></category>
		<category><![CDATA[like for like]]></category>
		<category><![CDATA[mortgages]]></category>
		<category><![CDATA[records]]></category>
		<category><![CDATA[rent receivable]]></category>
		<category><![CDATA[revenue]]></category>
		<category><![CDATA[security]]></category>
		<category><![CDATA[voluntary disclosure]]></category>
		<category><![CDATA[wear and tear allowance]]></category>
		<category><![CDATA[£15]]></category>

		<guid isPermaLink="false">http://www.oakacc.co.uk/?p=211</guid>
		<description><![CDATA[1.    Summary of Key Points
•    Inform HMRC – Her Majesty’s Revenue and Customs – as soon as you first receive rental income.
•    Keep all invoices and good records of costs incurred in relation to your property.
•    Consider structuring your mortgages to make full use of the tax relief available on mortgage interest.
•    It is normally [...]]]></description>
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