Here are the reasons why you shouldn’t go down these routes. Despite how attractive they seem in respect of the potential SDLT you could save..don’t do it.
Reducing the taxable value in your estate given, the unavailability of Business Property Relief on residential property is a major concern for landlords.
Stamp duty rates for Limited Companies
Stamp Duty Land Tax (SDLT) is a tax charged on the purchase or acquisition of property or land over a certain price in England and Northern Ireland. The tax is different If the property or land is situated in Scotland or Wales.
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