Welcome to the reallymoving forum
Got questions and need some advice? Our forums have answers on everything from choosing the right property, to renting and selling.
  • If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.


No announcement yet.

Buisness vehicle/ reduce tax liability

  • Filter
  • Time
  • Show
Clear All
new posts

  • Buisness vehicle/ reduce tax liability

    We are considering taking the leap and venturing into the world of property development. With £200k cash behind us and a good understanding of development (day job but for someone else), would someone advise on the best buisness vehicle to enable capital growth (subject to us making a profit) and limit the tax liability. The first 3 years no salaries will be taken out of the company, but from then on salaries would be taken. Is it best to set up a Ltd co.??

  • #2
    Speak to a good accountant about this - a lot of tax rules have changed recently, so you'll need to get these straightened out first.