Edinburgh November 2020 Meeting 

Top tips on business management post Covid19 - Craig Douglas  

Craig Douglas is the co-founder of the luxury holiday apartment provider, Reserve Apartments based in Edinburgh, Scotland. He is also the Chairman of the Board at the innovative technology company Tribalogic and holds a similar position at the popular Camping and Caravan website ‘Caravan Sitefinder’.

Craig has extensive experience in developing online booking systems and directory based web-sites within the travel industry.

ALSO... Landlord Tax Planning 2020 - Mark Smith 

• Are you a hands-on landlord looking to counter the effects of loss of finance cost relief?
• Do you want to get your business into a company structure without having to refinance your current lending?
• Do you want to pass on as much of your business as you can whilst minimising the effects of IHT?
• Do you want to maximise your personal tax allowances?

If you are a property rental business, working 20 hours or more in an average week, and sharing income and expenses in common with another (eg spouse) then you could well be eligible for incorporation into a limited company, without having to refinance your current lending and with rollover relief on capital gains and exemptions from Stamp Duty. This would give your business full relief from finance costs, as well as a whole range of other opportunities for equity release, income maximisation and succession planning.

Mark Smith is a barrister well-known in the private rented sector. He led the legal team that recovered £27million of unlawfully charged mortgage interest from West Bromwich Building Society in 2016 on behalf of 6200 landlords (Mark Alexander v West Bromwich).

In association with Property118, he has designed robust strategies to allow rental businesses to incorporate without refinancing, and over 100 businesses have successfully done so to date from the introduction of the BICT in November 2015.