Did you know, you can transfer a property rental portfolio to your company with no Stamp Duty Land Tax and no Capital Gains Tax, with the right circumstances and planning?
The reality is that legislation is now costing £000’s in additional tax and many landlords are not aware of this, or do not have a solution. However, there are various ideas that can reduce or eliminate the impact completely. If you haven’t explored them then you need to talk to us.
The worst situation for us is when clients say “I have just complete a property transaction, what are the tax issues?” At that point there is little we can do to save any tax. If we know in advance of any transaction, we can suggest a wide range of things to minimise the tax impacts or protect future tax benefits.
Before you acquire a property have a read over our helpful document ‘Your property Checklist’ and make sure you are considering every element and opportunity.