Strategies for fiscal strength
Kehinde, B.
Strategies for fiscal strength - 2004 - Estates Gazette (0404) 24 January 2004, 100-102(3) .
Examines the arguments whether tax efficiency for property investors may be achieved through forming a limited liability property investment company. Looks at the relative advantages of corporate and private ownership, how to minimise Corporation Tax and the Capital Gains Tax implications when investors have to account for rental income. Concludes that companies used for rental investment are marginally advantageous when looking at income, are particularly useful, from an income perspective, if the investor reinvests the profits for further purchases and companies may be better vehicles for property trading and development. Table showing the five rates of Corporation Tax.
STAMP DUTY LAND TAX
STAMP DUTY
RENTAL INCOME
PROPERTY INVESTMENT COMPANIES
LIMITED LIABILITY COMPANIES
CORPORATION TAX
CAPITAL GAINS TAX
PROPERTY INVESTMENT
TAX EFFICIENCY
Strategies for fiscal strength - 2004 - Estates Gazette (0404) 24 January 2004, 100-102(3) .
Examines the arguments whether tax efficiency for property investors may be achieved through forming a limited liability property investment company. Looks at the relative advantages of corporate and private ownership, how to minimise Corporation Tax and the Capital Gains Tax implications when investors have to account for rental income. Concludes that companies used for rental investment are marginally advantageous when looking at income, are particularly useful, from an income perspective, if the investor reinvests the profits for further purchases and companies may be better vehicles for property trading and development. Table showing the five rates of Corporation Tax.
STAMP DUTY LAND TAX
STAMP DUTY
RENTAL INCOME
PROPERTY INVESTMENT COMPANIES
LIMITED LIABILITY COMPANIES
CORPORATION TAX
CAPITAL GAINS TAX
PROPERTY INVESTMENT
TAX EFFICIENCY