From 6 April 2017 full interest expenses can no longer be deducted from rental income, a Tax Reduction Amount must be calculated instead. The tax liability of a basic-rate taxpayer could remain unchanged, if the new profit calculation does not push the basic-rate...
Thinking of buying investment property through your limited company? This might not be the best option for you. There are a few issues to take into consideration, some of which are: Your company does not get any CGT free allowance from selling assets; Your company...