Myth-busting – Electrical Safety installations Act 202011:19 AM, 3rd August 2020
About 2 weeks ago 82
When I first became a landlord I was advised of the tax advantages in holding buy to let properties in a Ltd company rather than individually. However, as I am now getting on in years (it comes to us all in the end) it may be time to sell up.
There are two directors and in order to remain in the lower tax band we only take small dividends each year resulting in the company having substantial reserves. The question is, are there any tax advantages in selling the company as a going concern rather than selling all the properties individually?
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