There are some major advantages when you buy to let in a limited company in the UK. Considerably though, if you would like to sell a property you have purchased using a standard buy to let mortgage, you will be liable to pay capital gains tax on the proceeds of the sale. Even so, if you purchased property in a limited company name then you will be required to pay corporation tax, as the earnings are company profits rather than personal profits. For expert advice on the possible tax benefits of limited company buy to let, we advise you contact a chartered accountant. The market is growing; there are even some banks that now specially mould their buy to let mortgage variety to limited companies. It seems that the financial services industry has great confidence in the possible that the limited company market offers, which eventually points toward a great future for the limited company property investor. The variety of available mortgages in the standard buy to let market is far greater than that of the UK property developers; it can also be more complicated, making it simpler to actively seek advice. Call Ashley Moore, free, and talk to our expert mortgage advisors. |