As a higher-rate taxpayer, what are the most effective tax-efficient structures or strategies for starting a property portfolio in the UK to minimise my income tax liability on rental profits?
Quick Answer
Higher-rate taxpayers should consider a limited company for property investment to benefit from Corporation Tax rates and full mortgage interest deductibility, significantly reducing personal income tax liability on rental profits.
About This Topic
Higher-rate taxpayers starting a UK property portfolio can minimise rental income tax using a limited company structure, benefiting from Corporation Tax rates and full mortgage interest relief. Understand the advantages, pitfalls, and compliance to make informed investment decisions.
This question is part of our Tax & Accounting category, providing expert guidance on UK property investment.
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