DSD

Registered with Property118.com
Tuesday 10th May 2016

Location
Needham Market

Trading Status
Company

Providing essential rental accommodation since
2013

Number of rental properties owned
0 - 5

Insures properties through a broker recommended by Property118
No


Latest Comments

Total Number of Property118 Comments: 2

DSD

23:44 PM, 8th September 2018
About 2 years ago

Personal use of property in Limited Company?

Reply to the comment left by Steve Masters at 07/09/2018 - 10:19
Thanks for all the useful replies. That’s a really good point about ATED Steve, I had forgotten about that and it is over the threshold. It looks like if it’s rented out it’s not applicable but there to stop companies sitting on expensive empty properties though there is mention about personal use in HMRC’s difficult to understand wording.... Read More

DSD

12:16 PM, 28th October 2016
About 4 years ago

Where do I go from here - It was going so well

That's a very useful reply Mark, thanks
You mentioned "If you plan to raise mortgages then do so in your own name" - if one has a limited company am I right in thinking that to be able to put any mortgage interest against tax the loan has to be in the company's name? If it were in your personal name and you recharged it to the company presumably this would be classed as taxable personal income?
Thanks David... Read More