Janni

I would love a definitive answer as these gurus who sell training packages tell everyone they can claim for all the 'training' as an expense even though they dont run a property business its all new to them. They tell people if you listened to my podcast you will then be extending your skills. I think its all a big tax con. but everyone is claiming the expenses.

Have been reading your documents and it mentioned it would need a long life to warrant CGT - this membership is only for 5 years. Would that mean no CGT applicable? Thanks

This is a private/personal membership for discounted holidays. You book a holiday in one of the resorts and get it at a discounted price. The holiday company want to buy the membership back. I have tried contacting your help line but they couldnt answer the question or direct me to any guidlines. Legislation is not clear.

Payroll evidence shows all RTI correct but HMRC have now sent a tax bill for 2017/18 asking for tax but they have added 2 peoples income together and applied the other persons to me. Cant get anywhere by telephone calls and the information by the employer was sent correctly. My income was less than £10000 but say I owe tax on mearly an extra £38,000 which is someones elses wages. How do I sort this out?

Would CGT be applied to selling a membership that gives discount on holidays?

Was talking as a self employed or a limited company.

The limited company owns the property. What do you mean by ownership rights to enable the director to take the rental income? No arrangements have been made.

I understand that if you are trained in a skill you may claim expenses of improving your skill. If you go to a free event say about options for making income from property (BTL, SA, FHL etc). If you then buy a course for one of these is that then an expense against tax as you have just learned a bit from an online event? Or does the personal development refer to actually trading already in that strategy? These course providers are advising it is a tax deductible expense.

What happens if a limited company owns a residential property and the director takes the rental income as his and includes it on self assessment?