Transfer Property To A Limited Company WITHOUT Paying Capital Gains Tax or Stamp Duty Tax ?
For more tips and money-making ideas see Master Your Money the S.M.A.R.T Way training. Check it out for free - https://bit.ly/3isugCr.
Landlords with more than three properties held in their personal name, or paying higher rate tax, should consider moving their property into a limited company to save tax.
Using a company structure can also help you pass property onto children while mitigating the inheritance tax burden.
It has been 5 years since George Osborne introduced his Sec 24 tax changes, penalising millions of buy-to-let landlords, but you can do something to legally avoid the ‘Osborne gut punch’.
The process is complex, legal and requires specialist advice. Landlords will incur fees, but the savings more than outweigh the costs.
With the right advice you can legally create a tax-free pot of money!
If you are a landlord or property investor with three or more properties in your own name and would like to save tax email or message me.
Learn why 85,000 Buy-to-Let Landlords Quit Property Rental Market - https://youtu.be/NME3nEu8dAQ
Personal Debt Soaring Citizens Advice warns
Half Citizens Advice clients are falling behind with debt payments and budget.
With lending interest rates rising, unlike savings rates, and soaring inflation more and more people are using expensive credit card debt to pay for food.
Citizens Advice guide to dealing with debts
Source: Citizens Advice
See: 10 Tips To Avoid Christmas Debt - https://youtu.be/n7vSK5LlONU
The debt charity StepChange reports that the cost of living as their main reason for debt, and seven in 10 of them are women.
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