Lower tax thresholds, lower tax credits, higher costs, how can you still make money from owning buy-to-lets?

Economic Crime and Corporate Transparency changes.

At our recent lunch, we had the opportunity to discuss this topic with experts from both Charterhouse Accountants and Choice Business Loans (CBL), understanding how it is still possible to ensure that your buy-to-let properties are generating the maximum return on investment. Charterhouse were able to illustrate how using a limited company set up can help minimise your tax burden whilst CBL had some great insight into sources of finance to fund the business.

However, there are still many issues that need to be addressed to ensure your investment and business is successful. With property owners only allowed to claim 20% tax relief on the income earned from rental properties and income tax allowances and thresholds frozen, there are many reports that property owners/investors will have to pay considerably more tax. The big question is will property still be a good way to invest and generate a sustainable income and if so, how do you set it up and finance the business.

At Charterhouse we have worked with many landlords and investors to ensure they get the maximum return from their property investments, be they set up under personal ownership or through a limited company structure. A recent discussion between our Joint Managing Directors explores the options on how to set up your property investment to get the maximum returns and gives some great insight as to what you need to do. Have a listen.

There are a number of areas that you need to consider when you are looking at a property business, including;

  • What to do when looking to buy your first buy-to-let property?
  • What is an SPV and is it the best way to buy a buy-to-let property?
  • What to do when incorporating your property portfolio?
  • How many properties do I need?
  • Is it worth moving my existing properties into a limited company?
  • I am considering my inheritance tax planning and don’t know how my property will impact on me? 
  • Do I have to have a traditional mortgage or are there other ways of financing a property business?

Between Charterhouse and CBL, these are all subjects that we can advise on and were certainly topics that were discussed at the lunch. If you would like to find out more you can contact us; 

Charterhouse Accountants Visit website

Choice Business Loans Visit website 

Or you can visit our websites;

Charterhouse Accountants Visit website

Choice Business Loans Visit website 

 

020 8863 4566

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