PUBLICATION DATE: JANUARY 2024
PAGES: 288
EDITION: 17th
ISBN: 9781911020844
READ CONTENTS & FIRST SECTION

Using a Property Company to Save Tax 2023/24

By Carl Bayley BSc FCA

This unique guide tells you EVERYTHING you need to know about using a company to invest in property.

It is essential reading for:

• Anyone who already has a property company
• Those thinking about using a company
• Landlords and those renovating or developing property
• Accountants, solicitors and professional advisors

The guide contains a wealth of new tax planning information for existing company owners. It covers ALL the expenses property companies can claim, how to save tax when you extract money from your company and all the tax reliefs that can be claimed when properties are sold.

For those thinking about setting up a property company, the guide looks at all the tax benefits, pitfalls, and practical issues, including how to get existing properties into a company.

What Information is Contained in the Guide?

Like all Taxcafe guides, Using a Property Company to Save Tax is written in plain English and contains numerous examples and tax planning tips. Subjects covered include:

• All tax changes announced in the November 2023 Autumn Statement and previous Budgets.
• A plain English guide to how companies and their owners are taxed.
• Everything you need to know about the new corporation tax rules (applying from April 2023).
• ALL the expenses your property company can claim: everything from electric cars, salaries to family members, training and research… to spending on the properties themselves.
• A whole chapter dedicated to maximising tax relief on mortgages and other borrowings.
• How to take money out of your company tax free or by paying as little tax as possible.
• How your company is taxed when it sells properties…and all the reliefs that can be claimed.
• How to pay less capital gains tax when you wind up your company or transfer shares to family members.
• A whole chapter on stamp duty land tax planning.
• ALL the tax benefits and drawbacks of using a company versus personal ownership.
• Why a company is ideal for those using property as their pension.
• Why using a company is a 'no brainer' if you're involved in property development.
• How to enjoy between 65% and 160% more after-tax rental income by using a company.
• How to transfer existing properties into a company without paying CGT or stamp duty.

Click here to read the full contents listing and first chapter of the book

About the Author

Carl began his career as a chartered accountant over 40 years ago and is now one of the country's most respected tax experts. He was Chairman of the Tax Faculty at the Institute of Chartered Accountants in England and Wales (ICAEW) from 2015 to 2018 and served as a member of the institute's governing council from 2003 to 2023. He has written almost 20 plain-English tax planning guides and has contributed to newspapers including The Times and The Telegraph, as well as TV and radio programmes such as BBC Radio 2's Jeremy Vine Show.

Carl enjoys his role as a tax author: "The most satisfying part is the chance to give everybody a high standard of information at a very affordable price". As he often says: "My job is to translate tax into English".

Free Bonus Tax Guide - How to Save Tax 2025/26

When you order this guide you will also receive a FREE copy of How to Save Tax.

This comprehensive tax guide contains around 130 pages of tax saving tips. The latest edition includes all major tax announcements made in the October 2024 Budget and the March 2025 Spring Statement.

Please click here for more information on this excellent bonus e-book.