First published 27th March 2017; Updated 15th November 2018
Holding your property investments through a company still seems attractive for many – but there are serious pitfalls and it may not be appropriate for very many people at all.
The headline advantages are
However there are still some major disadvantages to weigh against any perceived benefits
Be very careful before you incorporate. There are so many variables not least of which is the uncertainty as to what changes there will be in legislation over the next five, ten or twenty years. There is no right answer. Only those that may be not quite so bad as others.
The newsletters on this website are believed correct at the time of publication. They may not include subsequent changes in the law. If the subject matter is of interest you should contact us to see if there is a relevant update.
Taxation is a complicated subject and is subject to change. This article is provided for general guidance only. You should only rely on advice prepared specifically for you. Neither the writer nor Landlords Tax Services Ltd can be held liable for any loss arising from any act or omission by you as a result of your understanding of this article.
Landlords Tax Services Ltd, specialises in the taxation of residential property income and gains and around half its clients are resident outside the UK. If you would like specialist help contact Maurice Patry F.C.A. at firstname.lastname@example.org or for more information visit our website at Landlords Tax Services Ltd
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. All Rights Reserved - In an article such as the one on this page we can only give brief general guidance and cannot cover all situations. This guidance may not cover all your personal circumstances and so you should not rely on it. Before taking action or not, always do your own specific research and seek appropriate professional advice which takes into account your personal circumstances, with the full facts of the case and all documents to hand. Neither Maurice Patry F.C.A. nor Landlords Tax Services Ltd can be held responsible for the consequences of any action or the consequences of deciding not to act.