Incorporating a property business - 2021-22

This booklet explains the basic issues that will need to be considered by new or existing owners of rented property – should they incorporate or not?.

The booklet covers:

  • Incorporating an existing property business
  • Setting up a new limited company and purchasing property
  • Tax on rental profits
  • Finance costs
  • Capital Gains Tax concerns
  • Annual Tax on Enveloped Dwellings
  • Extracting profits from a property company

Practical uses:

  • This is a useful handout for new or existing property businesses that are interested in matters that need to be considered if contemplating a company structure for their property business.
  • Add material to your website and drive traffic to the page using social media.
  • Send a copy to staff. Will update their understanding of the issues presented. You could also instruct them to send copies to any friends or family that may find the information useful.

Other Spotlights publications available to subscribers

Pension Contributions - tax breaks 2021.22
Working from home - tax breaks 2021-22
Off-payroll working changes - from 6 April 2021
Trivial benefits - tax-free benefits 2021-22
Extracting company profits - strategies for 2021-22
New to self-employment - tax and NIC 2021-22
Utilising COVID tax losses 2021-22
Capital expenditure - tax breaks 2021-22
Making the most of digital accounting 2021-22
Staying ahead of business challenges 2021-22
Why tax planning is a sound investment 2021-22
New business challenges in the post-COVID economy 2021-22
Business exit challenges in a post-COVID economy
Creating multiple income streams 2021-22