If you're putting money into property you should seriously consider the benefits of setting up your own company. The potential tax savings are huge - indeed you could end up with almost 40% more profit by using a property company! There are also a number of drawbacks and traps to avoid, so it's essential to arm yourself with all the relevant facts. This guide looks at the whole picture and explains ALL the tax consequences of using a property company. It contains dozens of examples and tax planning tips that you simply won't find anywhere else.
Carl Bayley BSc ACA is the author of some of Taxcafe's most popular tax guides, including How to Save Property Tax, How to Save Inheritance Tax and Using a Property Company to Save Tax.
He is a member of the governing council of the Institute of Chartered Accountants in England and Wales.
Carl is also vice chairman of the Tax Faculty at the Institute of Chartered Accountants and a regular contributor to newspapers such as The Times and The Telegraph, as well as TV and radio programmes such as BBC Radio 2's Jeremy Vine Show.