Lee Sharpe warns that landlords should not rush into incorporating their businesses without weighing up the ‘pros’ and ‘cons’. It seems you cannot have a discussion involving landlords these days, without somebody mentioning incorporation. I have to admit to being partly responsible for this, with a fair few articles, etc., […]
The Pros and Cons of holding Property in a Limited Company
Since Section 24 (which you can read about here), the UK tax landscape has changed. Following George Osborne’s decision to stop investors and landlords from offsetting mortgage interest when calculating the profit made from buy to let properties, the panorama has shifted. Whereas before it was considered tax efficient to […]