As a result of the Government limiting mortgage interest relief for private landlords to the basic rate of tax, affected landlords have been considering whether or not to incorporate their existing property rental businesses.
These changes only apply to individuals, joint owners and partners; not limited companies. Incorporation could therefore offer a way out, but will it?
Different rules apply depending on whether you are an individual, a joint owner, or business partners.
Once that's done, The Curious Guys can help you move forward with the creation of a limited company and the transition of the properties into it. Doing this the right way will ensure that there is no further Stamp Duty nor Capital Gains Tax to pay.
We can turn you into a professional landlord with potential tax benefits.
Our clients receive a personal service and we fully understand the requirement for absolute discretion. Each client's needs are different and our approach is tailored to suit the individual. We vigilantly safeguard client information.
Company Number: 08554025
VAT Registration Number: 163503233
All Rights Reserved | The Curious Guys