Product Description

If you are putting money into property one of the biggest decisions you must make is whether to invest personally or start your own property company.

There are lots of reasons for starting a company but probably the most important one is to SAVE TAX.

In fact the potential tax savings are so large that we decided to devote a whole guide to the subject. Our analysis shows that, by following certain techniques, you could earn almost 34% more income by using a company to invest in property.

There are also a number of traps to avoid and pitfalls to negotiate so it is essential that you arm yourself with all the relevant facts. This guide looks at the whole picture and explains ALL the tax consequences of property company ownership.

Like all Taxcafe guides, Using a Property Company to Save Tax is written in plain English and contains numerous examples and tax planning tips. Subjects covered include:

How to get started and traps to avoid.
The non tax benefits of using a company.
How to borrow money in the most tax efficient way.
How to achieve an instant increase in your after-tax rental income.
How long term investors can earn 34% more income by using a company.
How you could end up with 13% more capital profit using a company.
Detailed tables of company tax savings.
How to maximise Taper Relief when you sell properties.
Tax benefits of property management companies.
Advice for both property traders and buy-to-let investors.
How to go about setting up and running your own company.
How to sell properties or the whole company and pay the minimum tax.
How to transfer existing properties into a company.
A-Z of corporation tax, clearly explained.
A-Z of stamp duty and VAT.
Detailed examination of the dangers and drawbacks and how to avoid them.
Examples are used to explain every important point. We also use a series of very detailed but clear examples to compare company and private property ownership.

Product Details

• Amazon Sales Rank: #347294 in Books
• Published on: 2000-09-01
• Original language: English
• Number of items: 1
• Binding: Paperback
• 196 pages

About the Author
The author is Carl Bayley BSc ACA, Taxcafe's resident property tax specialist. Carl is a regular speaker on tax matters, and was recently invited to talk to over 450 people at the 2004 Evening Standard Homebuyer Show. Carl is also a regular contributor to TV programmes such as the BBC's It's Your Money programme and national newspaper articles on tax matters. He was recently appointed to the Council of the Institute of Chartered Accountants in England & Wales.

Customer Reviews

Easy to read and very informative
I bought this book for my daughter and son in law, who have taken charge of several properties previously belonging to myself. I decided to look up a few points before passing the book along, and ended up reading the whole thing and ordering another copy for her, as I found the book very easy to read (I was expecting to be overwhelmed with accountant's talk), and very informative indeed. It is nice to see that the book is updated regularly, and I will certainly be buying future publications.

An excellent, informative book
This is essential reading for anyone considering using a property company to run their business. Completely up-to-date and easy to read, it is full of useful information that came in very helpful when I was faced with this decision - I would whole-heartedly recommend the book to anyone in the same boat!

Very useful!
I bought this guide recently as I was interested in minimizing tax when purchasing new properties and selling them on through a property company. I found the information contained within the guide to be both helpful and also opened new doors which I hadn't considered. I really liked how the author Mr Bayley was able to explain everything clearly and always provided examples when needed, which made this an excellent read.