#1 out of 1
business22h ago
Should I put my buy-to-let in a company to beat the tax hike on landlords?
- Latest: landlords consider incorporating buy-to-let to counter tax hikes, The Times reports.
- What’s being weighed: tax efficiency from a corporate structure versus costs and financing changes.
- The Times highlights practical steps for reorganizing a rental portfolio under a company.
- Key factor: individual circumstances like portfolio size and financing influence the decision.
- The Times notes potential tax advantages and drawbacks of incorporating buy-to-let.
- Advice theme: landlords should seek professional guidance before restructuring.
- Context: the analysis centers on changes affecting rental income taxation.
- Scope: discussion includes corporate tax rates and mortgage relief implications.
- Limitations: decision remains contingent on personal financial structure and goals.
- Bottom line: professional assessment is essential before reorganizing a buy-to-let business.
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