3 MISTAKES Landlords Make When Setting Up a Limited Company | The Property Tax Show E01

[@darryldolan4472]

The interviewer is great in this video with asking concise questions and asking for clarification for the benefit of those are inexperienced in property management.

[@provestor]

Thank you for your kind words Darryl. 😊

[@slavmarin7827]

thank you! very professional

[@mattsartori_bat]

Thank you very much for the great advice!

[@provestor]

You're welcome Matt. Glad it was helpful! 🙂

[@sayedahmed-yc9it]

Brilliant interview thanks

[@BarbaraHarris-oq4cu]

What about CGT

[@julianbessey7257]

Top advice very concisely put!

[@provestor]

Thank you Julian! Hope it was helpful 🙂

[@SynthScience]

Helpful video thanks. I'm sure I read though that in 2023 corporation tax is increasing from 19 percent to 25? Also from what I gather from your video small investors with only one or two properties in the basic rate band of tax wouldn't benefit from setting up a limited company? thanks

[@provestor]

Hi! Yes, that is right on both counts! Corporation Tax increased in April 2023 to 25% with a Small Profits rate of 19% for businesses earning under £50k per year. Between £50k and £250k there is a marginal relief in place. A limited company isn't always the right choice for everyone - those with a small portfolio in the Basic Rate tax band may be better off as they are. However, you can own a mix of company and personally owned property, so could buy future properties in a limited company. Hope this helps!

[@deepdalepropertymanagement9586]

Hi, under FRS105 on disposal of a property do we just show the capital gain as other income in the profit and loss account?

[@Endurancecamp-official]

As a beginner where do i start from

[@albermaraslioglu1243]

MAKE MORE VIDEOS DONT STOP

[@VLN-ho1pp]

I’m about to create a LTD company to buy property for BTL. Can you advise me that when incorporating the company WHAT IS the correct wording of the model articles have been incorporated regarding a sole director

[@provestor]

Hi thanks for your question. This is quite a complex area and your articles should reflect how your business and share classes are created. We advise you get professional assistance and tax advice on this. 😊

[@thethinkingman2005]

What's your company called, I'd like to give you a call. Additionally, it might be worth including some text within the video.

[@provestor]

Hi Saied, thank you for your feedback! We're called Provestor, if you'd like to find out more you can visit our website at www.provestor.co.uk/ 😊

[@alisahsadiq1229]

👍

[@cyrilabahussein2955]

How do we contact Nadeem

[@provestor]

Hi Cyril, Thanks for your comment! If you need property tax advice you can book a consultation using the link below - please mention in the notes when booking if you would like a consultation with Nadeem specifically. Hope this helps! 🙂 www.provestor.co.uk/tour/tax-consultations

[@mattsartori_bat]

Thank you very much for the great advice!