Ready, steady… save!
You don’t need a chart to join in. Here are 2 ways to record your savings:
1. Cross it off
Pop a chart into your first post. Saved an amount? Cross it out! Read more »
£0.01 £0.02 £0.03
2. Write it down
Skip the chart and add updates to your first post. Read more »
“Another +£3 saved today. Go me!”
Use +£ before each new saving so it counts towards your total.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Buy-to-let tax
brisk
Posts: 39 Forumite
in Cutting tax
I am going to purchase 2-3 BTL properties in London. They are purely for investment and I do not require the rental income to live off.
I'm looking for a way to limit the tax I pay on rental income.
Would any of the following be possible?
-Personal BTL 75% LTV mortgage but then start a new company and make it the landlord so the rental income is paid into a company bank account.
-A limited company BTL mortgage with a new company but personally guarantee it.
I would plan to keep the money in the company bank account for the long-term -- no need to pull it out.
I'm looking for a way to limit the tax I pay on rental income.
Would any of the following be possible?
-Personal BTL 75% LTV mortgage but then start a new company and make it the landlord so the rental income is paid into a company bank account.
-A limited company BTL mortgage with a new company but personally guarantee it.
I would plan to keep the money in the company bank account for the long-term -- no need to pull it out.
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.9K Banking & Borrowing
- 255K Reduce Debt & Boost Income
- 456.2K Spending & Discounts
- 248.4K Work, Benefits & Business
- 606.1K Mortgages, Homes & Bills
- 179.1K Life & Family
- 264K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.7K Read-Only Boards