Best tax structure for buy to let property investors?
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- Опубліковано 25 сер 2024
- Video content amendment: Please note that holiday lets/serviced accommodation is a trade but does not get away from Inheritance Tax. There has been case law where the courts agreed with HMRC that inheritance tax should be charged on holiday let assets.
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In this video we will discuss the subject of What is the best tax structure for property investors?
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What if you want to retain some of the development units (say 10 flats: sell 5, keep 5) - if the investment company is outside the group how would you get them into the investment company?
There are many ways in which you can transfer properties into an investment company. This is however a very complex area and you do need to get specialist tax advice whenever you are pursuing this
So are you saying have one owning company and lots of operating companies? Or lots of owning companies as well that then needs a holding company above it?
These are all possibilities but we stress that it very much depends on individual needs and objectives
If you had a ltd company with one serviced accommodation and one buy to let would this be considered a trading company in respects to setting up a SSAS?
Sadly I would hate to advise on sass pensions as these are very complex in nature. It would always be better to speak to the sass pension administrator. I am sorry in advance for ducking the question but these are highly regulated products and I would not want to advise incorrectly.
comedy duos who knows how accounting works lol
We aim to entertain and educate. Also called Edutainment
you are wrong about Inheritance tax
Please elaborate
Just out of interest if you are referring to holiday lets please see the video description where I stated: "Video content amendment: Please note that holiday lets/serviced accommodation is a trade but does not get away from Inheritance Tax. There has been case law where the courts agreed with HMRC that inheritance tax should be charged on holiday let assets."