(b) (i) Advise Alasdair of the tax implications and relative financial risks attached to t

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(b) (i) Advise Alasdair of the tax implications and relative financial risks attached to the following property

investments:

(1) buy to let residential property;

(2) commercial property; and

(3) shares in a property investment company/unit trust. (9 marks)

参考答案:

(b) (i) Income tax:Direct investment in residential or commercial propertyThe income will be taxed under Schedule A for both residential and commercial property investment. Expenses can beoffset against income under the normal trading rules. These will in

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