Can I buy property through my Limited Company?
Can I buy property through my Limited Company? It is possible to buy property through your Limited Company; however there are many things to be aware of and consider before taking this step which we will now review. To start with, it is not recommend buying your first property via your Limited Company. This is […]
Main residence election
Main residence election The 2013 Autumn Statement contained details about the extension of capital gains tax (CGT) to non-residents when they dispose of residential property held in the UK, and the Government and have now issued a Consultation document entitled “Implementing a capital gains tax charge on non-residents”. The main changes proposed aren’t a massive […]
PPR (Principal Private Residence) – the tax implications of selling property
PPR (Principal Private Residence) – the tax implications of selling property If you own any property at all – whether you’re letting it out or living in it yourself – it’s useful to understand the basics of how Capital Gains Tax (CGT) works and what might be applicable if you decide to sell it. Capital […]
Rent a room scheme
Rent a room scheme Many Limited Company contractors will carry out at least some of their work from their own home. Even if the majority of client work is done at the client’s site there will still be admin tasks like book-keeping and invoicing which will usually be done at home. Most contractors will be […]
Buying property in my own Limited Company
Buying property Can I or should I in my own Limited Company? Is it common, what are the risks and basic consequences? Does it only affect commercial property? For contractors the question of buying property through their own Limited Company arises when considering possible ways to invest their profits. It is definitely possible to do […]