Incorporating a Property Letting Business - A Case Study with Robert Jamieson

Introduction

This webinar will outline the restrictions on loan interest tax relief for UK residential property letting portfolios, together with a worked example showing how landlords are adversely affected by the legislation which took full effect on 6 April 2020.

The webinar will provide a suggested solution to this dilemma, making use of a case study which looks at the incorporation of a property letting business and demonstrates the tax saving potential of using a company.

It is suitable for accountants, lawyers and other private client professionals who advise in connection with property transactions and their personal or business tax matters.

What You Will Learn

This webinar will cover the following:

• Who is affected?
• And who is not?
• What is the problem?
• Illustration of a taxpayer with significant borrowing commitments
• Factors to consider when incorporating a property business
• CGT aspects
• The usefulness of the Ramsay case
• SDLT aspects
• Can the SDLT charge be mitigated?
• Partnerships or LLPs?
• The importance of the American Leaf Blending case
• Case study of a highly geared taxpayer who incorporates his property letting business

This webinar was recorded on 1st May 2024

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