The Property Podcast

TPP423: The Ltd Co tax changes you need to know

Informações:

Sinopsis

This week we’re talking all things tax When it comes to tax, property investors are obsessed with learning and understanding it.   And we don’t blame them because the difference between getting it right and wrong could be thousands of pounds.   So this episode is a must listen!  Here’s what to expect on this week’s property podcast episode It’s been a while since we talked about tax so we thought it was about time we changed that.   We’re always inundated with questions about buying in a limited company. And we even did a video on whether ‘should you buy property through a limited company’.  But because tax is complex, it’s always been better to leave the tax advice to the specialists.  To give you a brief overview, back in 2015 new rules were introduced which meant individuals could no longer claim mortgage interest as an expense, but limited companies still could.   So overnight, owning property in a company became a lot more attractive because those investing personally were left paying tax on pro