Buying UK Property Through a Limited Company or Personally?

#24

The most common question facing expat investors in the UK buy-to-let property market is whether to buy UK property through a limited company or in their personal names. 

In this, the second of seven pocket-sized podcast episodes on British tax for expat UK property investors, Sean the Property Tax Accountant identifies the three main factors that could help you to decide:

1. Are you / Will you be a basic or higher rate tax payer in the UK?
2. Do you intend to reinvest or spend your profits?
3. Do you plan to pass on your property to your children?

Sean also highlights that it does not have to be an either / or decision, that in fact you might want to consider a combination of some properties held in a limited company structure and others held personally.

• Other episodes in this must listen series:
• Episode 23: An Introduction to Sean, the Property Tax Accountant
• Episode 24: Property Ownership Structures (Limited Company or Personally Held?)
• Episode 25: Smart Property Company Group Structures
• Episode 26: Capital Gains Tax for Expats
• Episode 27: Compliance
• Episode 28: Tax Avoidance, Tax Evasion & Tax Planning
• Episode 29: Risk Management

Rate, Review and follow the show at www.expatpropertystory.com  

Chapters

• 0:58 Limited Company or hold personally?
• 3:10 Basic or higher rate tax payer?
• 5:35 Section 24 explained
• 7:46 A change in circumstances
• 9:15 It doesn't have to be one OR the other...
• 9:51 A flexible approach
• 10:42 Reinvesting profits or spending now?
• 12:51 Corporation Tax increases
• 13:38 Passing property onto children
• 18:19 Highlights