Synopsis
If you are putting money into property one of the biggest decisions you must make is whether to invest personally or start your own property company.
There are lots of reasons for starting a company but probably the most important one is to SAVE TAX.
In fact the potential tax savings are so large that we decided to devote a whole guide to the subject. Our analysis shows that, by following certain techniques, you could earn almost 34% more income by using a company to invest in property.
There are also a number of traps to avoid and pitfalls to negotiate so it is essential that you arm yourself with all the relevant facts. This guide looks at the whole picture and explains ALL the tax consequences of property company ownership.
Like all Taxcafe guides, Using a Property Company to Save Tax is written in plain English and contains numerous examples and tax planning tips. Subjects covered include:
How to get started and traps to avoid.
The non tax benefits of using a company.
How to borrow money in the most tax efficient way.
How to achieve an instant increase in your after-tax rental income.
How long term investors can earn 34% more income by using a company.
How you could end up with 13% more capital profit using a company.
Detailed tables of company tax savings.
How to maximise Taper Relief when you sell properties.
Tax benefits of property management companies.
Advice for both property traders and buy-to-let investors.
How to go about setting up and running your own company.
How to sell properties or the whole company and pay the minimum tax.
How to transfer existing properties into a company.
A-Z of corporation tax, clearly explained.
A-Z of stamp duty and VAT.
Detailed examination of the dangers and drawbacks and how to avoid them.
Examples are used to explain every important point. We also use a series of very detailed but clear examples to compare company and private property ownership.
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Review
“Those who want to improve the tax efficiency of their rental investments should read Carl Bayley’s guide.” – The Telegraph
“Taxcafe’s easy to understand guides can help you through the maze.” – The Times
About the Author
Carl Bayley BSc ACA is one of the country's most respected property tax experts. A regular speaker on tax matters, he was recently invited to speak at the Institute of Chartered Accountants' annual tax faculty conference. Carl is also a regular contributor to TV and radio programmes, such as BBC Radio 2, and national newspaper articles on tax matters. He is a member of the governing council of the Institute of Chartered Accountants in England and Wales.
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