Incorporation Relief Letter from HMRC – Capital Gains Tax for Property Businesses
HMRC's targeted letter campaign aims to address specific taxpayers who reported no Capital Gains Tax after incorporating their property businesses. Emphasizing accuracy in calculations, the letter urges recipients to verify their Incorporation Relief claims, seek professional advice if uncertain, and...
Incorporation Relief – A Complete Guide
This article discusses the benefits and conditions of "Incorporation Relief" for property developers and landlords looking to transfer their rental businesses from a sole trader/partnership to a Limited Company.
Should I Incorporate to Avoid Section 24?
Many accountants suggest going the incorporation route to tackle Section 24, and it does come with its perks. But, hey, don't forget to watch out for the potential downsides too.
