Limited companies guides
Project Blue and incorporating a Partnership to save Stamp Duty Land Tax (SDLT)
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.
Property Family Investment Company and Inheritance Tax
Reducing the taxable value in your estate given, the unavailability of Business Property Relief on residential property is a major concern for landlords.
Non-resident landlord companies
All non-UK companies must file corporation tax returns and pay corporation tax from 6th April 2020.
Should I be a limited company?
Properties can be held in either in individual name(s) or in a limited company. They can also be held in trusts or non-domestic properties can be held in self-administered pension schemes which are not dealt with here.
Limited companies and BTL properties
Should I own property through a limited company? It’s one of the most common questions we get asked.
The answer is – no one structure fits all.
Limited company filing requirements explained
The CT600 (corporation tax return) needs to be filed 12 months after the end accounting period, so if the year end is 31st January 2021 the CT600 needs to be filed by the 31st January 2022.
Confirmation statements
A Confirmation Statement (which replaces the Annual Return) is submitted to Companies House annually and needs to be submitted within 28 days of the anniversary of when the company was incorporated.
How to extract your profits from your limited company
Your limited company is a separate legal enrity to yourself.
Annual tax on enveloped dwellings (ATED)
ATED is an annual tax payable mainly by companies that own UK residential property valued at more than £500,000.
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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