Tax Planning for a different Scenario?Make Text Bigger
I have been reading your articles on Tax Planning for some time now, wonder if you can provide any assistance on the following scenario.
I currently own a redundant nursing home in a limited company, we are looking at carrying out building work to convert to 17 self contained apartments and houses to rent. The property is under a limited company so will not be affected by the interest changes. However, any thoughts in regards to washing out capital gains or any other planning?!
All costs are circa £2 million, GDV £3 million, profit £1 million
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