Benefits of Incorporated Partnership for Landlords
In this article, we explore the advantages of transferring a property business from a partnership to a limited company in the UK. The benefits include reduced income tax, Stamp Duty Land Tax savings, lower Capital Gains Tax rates, enhanced interest...
Buying Property Through A Limited Company – The Pros and Cons
In this article, we explore the considerations and factors involved in deciding whether to buy property through a limited company or personally, highlighting the advantages and disadvantages of each approach, including tax implications, mortgage interest deductions, and access to tax...
Do Landlords Qualify for The Home Office Tax Deduction?
This article discusses the opportunity for landlords managing a property business from home to claim a portion of running costs as a business expense. It explores methods such as AREA, TIME, or USAGE, and highlights the availability of simplified rates...
A Guide on Interest Relief Restriction Section 24 on Landlords
This article delves into the 2015 Summer Budget's impact, specifically Section 24 of Finance Act 2015, outlining proposals to limit tax relief for landlords on interest and finance costs, potentially affecting millions of individual landlords across the UK, despite a...