Using a Property Company to Save Tax 2019/20

Publication date: August 2019 – Plain English guide with dozens of examples and tax planning tips.

This unique guide tells you EVERYTHING you need to know about using a company to invest in property:

• The potential tax savings are significant. In one case study the author shows that using a company could result in a 66% increase in your after-tax income!
• Tax relief on mortgage interest is now being restricted for individual landlords but this change does not apply to companies.
• A recent landmark tax case means that it may be possible to transfer an existing property business into a company and make enormous tax savings.
• The new edition contains lots of new information, including updated guidance on when properties can be transferred to a company free from capital gains tax and sold in the future with little or no tax to pay.
• The new edition also contains full details of the incredible stamp duty land tax exemption for partnership properties transferred into a company, including how to obtain this exemption if you’re not yet in a partnership.
• There are also a number of drawbacks and traps to avoid when using a company, so it’s essential to arm yourself with all the relevant facts. This guide looks at the whole picture and explains all the tax consequences of using a property company.
• The guide is also relevant to those involved in property development and shows how you can keep over 50% more development profit by using a company.
• The author, Carl Bayley FCA, was Chairman of the Tax Faculty at the Institute of Chartered Accountants in England and Wales (ICAEW) from 2015 to 2018. He is currently a member of the Institute’s governing Council.