Has your property gone up in value? Do you want to show this in your accounts to show the true value of your investments? What does that look like? What is the revaluation reserve?
How is it created? Where is it shown? What are the tax implications?
In this video, you will discover:
What is the revaluation reserve?
How is it created?
What are the tax consequences?
What disclosures will appear in your accounts?
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DISCLAIMER: Please be advised that the content of my media is my personal opinion and is intended FOR GENERAL INFORMATION PURPOSES ONLY, not specific tax advice. Nothing herein shall be construed to be financial, legal or tax advice. The content of this video is solely the opinions of the speaker. Making decisions on your tax position and investment decision is your own and appropriate specific targeted advice from a qualified accountant or tax advisor should be sort. The speaker will not be held responsible for any losses or gains based on decisions made following watching this video. Always do your own research and seek advice from an appropriately qualified professional.
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