andlord Support Services (LSS) is delighted to announce that it’s Tax Structure Advice service has been formally approved and endorsed by Openwork – one of the UK’s leading financial advice networks – for recommendation by its Appointed Representatives whenever a need is identified for upfront, bespoke and professional tax advice regarding a client’s Buy to Let purchase or existing portfolio.
Openwork is one of the UK’s largest financial advice networks, supporting over 2,000 Financial Advisers across more than 700 businesses. Their services range from examination support and quality control, to business development and over-the-phone technical expertise. Openwork delivers for its Advisers a range of carefully selected providers across the Mortgage, Protection, Pensions, Investment and General Insurance markets.
Before giving their approval, Openwork conducted due diligence on LSS’s panel of Chartered Accountants, so as to become comfortable that its Adviser’s clients would be in safe hands, and receive a reliable and professional advice service.
Paul Shearman, Proposition Director at Openwork said, “The tax advisory service for landlords offered via LSS’s panel providers is both timely and welcomed. The myriad of recent and incoming tax changes that directly impacts every new and existing landlord, means the need for independent, professional and upfront tax advice has never been as essential as it is now.
“LSS provides a useful service that we would encourage Openwork Advisers to use whenever the need is identified for specialist tax advice, but cannot be provided by the client’s own sources.
“Advisers need to be mindful of not inadvertently giving tax advice, for all sorts of obvious reasons and when utilised, the service provided by LSS means Advisers won’t be in danger of doing so.”