I'm thinking of incorporating my property portfolio to minimise tax. What are the main corporation tax implications compared to being a sole trader landlord, and when does it make financial sense?
Quick Answer
Incorporating shifts taxation from individual income tax to Corporation Tax, typically 19% for profits under £50k, offering potential tax efficiencies, especially for higher earners. Key considerations include mortgage interest deductions and future withdrawal plans.
About This Topic
Explore corporation tax implications for UK property investors, comparing it to sole trader status. Learn when incorporating a property portfolio makes financial sense, considering 19% Corporation Tax vs. individual income tax, and the impact on mortgage interest deduction.
This question is part of our Tax & Accounting category, providing expert guidance on UK property investment.
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