LTD COMPANY or PERSONAL name?... Which is BEST?

When it comes to property investment which is best buying in a Limited company or Personal name? Limited company or Personal name is one of the most requested topics im asked to cover so I hope this video really breaking down the difference between what a Limited company or Personal name is! Knowing the difference between Limited company or Personal name is really important to ensure you know which strategy will work best for you! Limited company or Personal name... Which works best for you? Let me know in the comments! Would you like to see more videos like this covering Limited company or Personal name?
APG - www.aspirepropertygroup.co.uk...
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00:00 - Intro
00:39 - Section 24
03:39.- What tax to pay?
03:45 - Earned Income
06:05 - Corporation Tax
06:41 - PAYE Tax / Dividend Tax
09:43 - Personal Profit (Net to you)
10:58 - Personal Situation
11:17 - Short Sighted
12:35 - What would I do?
13:23 - DLA (Directors loan account)
14:22 - Numbers

[@JamieYork]

APG - Go to www.aspirepropertygroup.co.uk... and fill in your details!

[@RabJ208]

Great video Jamie. Clear and concise as per usual mate 💪

[@SHELBYGT-dj6li]

Thank you so much JY. So refreshing to see honest clear content. APG

[@JamieYork]

Thanks! Would be great to work together! Head over to www.aspirepropertygroup.co.uk/?KZbinOrganic and fill in your details, and a member of my team will be in touch! 😊

[@AN-vt3kl]

Great video, thanks Jamie.

[@rgyhad484]

I personally would always buy through a company as I believe its harder for the government to take the property off you like they can now.

[@rikardsaje]

Hi, how does the government take a property away from you?

[@rgyhad484]

@@rikardsaje Hi, search Jose and Ted Saunders. This is an example of them trying to do this. I believe it will be a lot harder via a company. Hope this helps

[@rgyhad484]

@@rikardsaje Hi, search Jose and Ted Saunders. This is an example of a recent attempt. I believe it will be harder if they ever tried to enforce new laws about owning more than one property. Own nothing and be happy as they say.

[@rgyhad484]

@@rikardsaje my comment keeps getting deleted I've replied to you twice both times deleted

[@samuelhughes3779]

Great video Thank you

[@domever7899]

Good video. Can you make one for doing flips in a personal name vs ltd?

[@mooshuk]

Loving the videos - here's a question... lets say all I have is my original £50K stake (for example) and I want to buy more properties... presumably its better to take that initial investment back via the DLA an stick it in something like a personal ISA until I've got enough for my next property than, say, keep it in the company because I'd pay more corp tax on it?

[@user-os2xh6xb8k]

May confuse things but if 2 people own the house is it as simple as just halfing the income / tax ....

[@chrishenderson6501]

APG

[@ivscleaning2114]

APG 🎉

[@JamieYork]

Thanks! Would be great to work together! Head over to www.aspirepropertygroup.co.uk/?KZbinOrganic and fill in your details, and a member of my team will be in touch! 😊

[@taserx]

I just want advice if im investing in property with group of about 4 people whats the best way to go about it

[@Solihul886]

Question: if you have a portfolio of personal name BTL that maximizes the basic tax threshold between a married couple, is there much point creating a second portfolio via a ltd company if your intention is quality of personal spendature rather than buying more property for the sake of it? For example, if i wanted to get a better main residence, can i use both my personal income and ltd income to purchase without being hit with a large dividends tax (which would work out more expensive than higher tax personal anyway). Or is it literally just for on paper wealth

[@samrushby7918]

What if I buy all my properties in cash what is better then have them Ltd or personal name

[@spencebespokedreams]

Can't you do a new video about what you would do witl £100k in property if you started today? I want to do it

[@WingKeys]

I’m looking for this too

[@Andy5c]

I thought even as a 40% tax payer you still get the 20% mortgage credit? Great video however been waiting for a detailed numbers view

[@TheGandhi97]

That's correct, the numbers in the video aren't all right

[@simonroyle2806]

Needs to make it clear that 40% is a marginal rate i.e. anything above £50k gets clobbered at 40%.

[@GleisonMantovani]

Apg

[@JamieYork]

Thanks! Would be great to work together! Head over to www.aspirepropertygroup.co.uk/?KZbinOrganic and fill in your details, and a member of my team will be in touch! 😊

[@successHacksHQ]

apg

[@JamieYork]

Amazing! Let me know once you get it filled in. Good luck on the call: www.aspirepropertygroup.co.uk/?KZbinOrganic

[@esirioneyibo]

I love your whiteboard. What is the name?

[@JamieYork]

Trevor

[@JamieYork]

Sorry, couldn’t resist 😜 Samsung flip 2

[@sanjanadeb2957]

But what if you are going to retire, if in company pension contributions from a property company I think are not allowed

[@JamieYork]

you are right, for residential tenants. For commercial tenants you are all good

[@nickneromiliotis274]

Can you charge the company interest on a directors loan to basically add even more that you can withdraw tax free? If so who decides the interest rate??

[@David-mb3eq]

Yes at market rates

[@Proctors1000]

Yes, the repayment of the principal would be tax free. The interest cost would reduce corporation tax but you'll pay personal income tax on it as income.

[@AR_112]

@@Proctors1000how can a Director’s Loan be income? It’s a debt that needs to be serviced. So the loan, along with the interest, should be claimed as an expense, which will reduce the overall profit that will be subject to corporation tax. There is no personal income tax since it is a directors loan account. Only corporation tax applies

[@Proctors1000]

@@AR_112 The principal of the loan repayment is not an expense as it's a repayment of liability. The interest is expensed. If the loan was provided by a director then any interest they charged and receive would be classed as personal income and taxed accordingly.

[@AR_112]

@@Proctors1000 i’m talking about a loan to a director from a third party. Let’s say Santander lent money to the director of a company. This would still be a Director’s loan, as opposed to a personal loan with Santander

[@adamliddle729]

There’s definitely a 20% tax credit as a 40% tax payer.

[@fivestars9285]

If a property in personal name, can it be transferred to a company to benefit from leaner company tax treatment? Is it legal?

[@marissakeynes2532]

It is legal but to enable the transfer of ownership u would pay CGT on any profit and the company would pay stamp duty on the purchase.

[@soundslight7754]

@@marissakeynes2532 Thanks but that's regular selling my house to my company! People talk about transferring to company without CGT, SDLT and so on. I'm wondering about that way

[@skyward711]

Aney one hoo is a 40% tax payer you pay more tax anyway you cannot compair a20%to a 40% if you are renting out property you are not a 20%tax payer

[@par5308]

APG

[@JamieYork]

Thanks! Would be great to work together! Head over to www.aspirepropertygroup.co.uk/?KZbinOrganic and fill in your details, and a member of my team will be in touch! 😊

[@AndrewWalls-r1s]

apg

[@JamieYork]

Thanks! Would be great to work together! Head over to www.aspirepropertygroup.co.uk/?KZbinOrganic and fill in your details, and a member of my team will be in touch! 😊

[@EC-xo9cy]

Apg

[@JamieYork]

Thanks! Would be great to work together! Head over to www.aspirepropertygroup.co.uk/?KZbinOrganic and fill in your details, and a member of my team will be in touch! 😊

[@nikkiwalker949]

APG

[@JamieYork]

Thanks! Would be great to work together! Head over to www.aspirepropertygroup.co.uk/?KZbinOrganic and fill in your details, and a member of my team will be in touch! 😊

[@morgansath]

APG

[@JamieYork]

Thanks! Would be great to work together! Head over to www.aspirepropertygroup.co.uk/?KZbinOrganic and fill in your details, and a member of my team will be in touch! 😊

[@markanthonyfrance5113]

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[@JamieYork]

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[@shashedharan]

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[@JamieYork]

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[@user-lt9iq1lt2t]

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[@JamieYork]

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[@Messanger2023]

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[@JamieYork]

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[@Messanger2023]

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[@JamieYork]

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[@joshuabell4899]

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[@JamieYork]

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[@viviangrace6949]

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[@JamieYork]

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[@MrKwadwobrakatu]

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[@JamieYork]

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[@climor7557]

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[@JamieYork]

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[@vvadde5426]

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[@emmanuelstephen8209]

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[@JamieYork]

Looking forward to having a chat. Click on the link, download the guide and make sure to click the link to book in a call: www.aspirepropertygroup.co.uk/?KZbinOrganic

[@Mullz91]

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[@JamieYork]

Looking forward to having a chat. Click on the link, download the guide and make sure to click the link to book in a call: www.aspirepropertygroup.co.uk/?KZbinOrganic

[@zoso2000]

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[@JamieYork]

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[@BrianAbrion8403]

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[@JamieYork]

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[@APalmeira]

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[@JamieYork]

Let’s do it! Make sure to follow it through and book a call: www.aspirepropertygroup.co.uk/?KZbinOrganic

[@bradley9677]

Apg

[@JamieYork]

Thanks! Would be great to work together! Head over to www.aspirepropertygroup.co.uk/?KZbinOrganic and fill in your details, and a member of my team will be in touch! 😊