It will only if you run a serviced accommodation business or another trading business. You need to bear in mind the consequences when capital allowances are depleted, especially if you are (or become) a Higher Rate or Additional Rate taxpayer and use the Annual Investment Allowance.
Your channel is so underrated mate- would have been nice to see the rest of the video 😊
Thanks for the feedback. Other segments of that talk will be uploaded in due course.
Very good
Thanks
Given it’s a commercial conversion wouldn’t the llp structure allow you to maximise the extraction of profits via capital allowances?
It will only if you run a serviced accommodation business or another trading business. You need to bear in mind the consequences when capital allowances are depleted, especially if you are (or become) a Higher Rate or Additional Rate taxpayer and use the Annual Investment Allowance.
go to Dubai ............100% Tax Free
That might change in the near future.