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@mksun To avoid charges, some landlords are creating limited companies for their property is this something you might recommend

Published: 22nd February, 2017

Whether it is beneficial to move your properties into a limited company will very much depend on your personal circumstances. Points to consider include:
– The level of profits in your property portfolio
– Potential capital gains tax charges on the transfer
– Stamp Duty Land Tax on the transfer with a 3% surcharge
– The additional compliance costs of running a limited company.
Unfortunately there isn’t a “one size fits all” answer to the question of whether it is beneifical. You should seek professional advice specific to your own circumstances.

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