Shelter’s Income and expenditure figures highlighted13:57 PM, 4th February 2019
About 2 weeks ago 35
I have read many articles on advantages of owning buy-to-let property & related mortgage(s) in personal names, and having a Trust Deed in favour of a limited company to divert rental profits to the Company (20% tax).
I am in the 40% tax bracket with my salary, and my wife is well within the 20% tax bracket.
We have one property – presently owned 90% by my wife and 10% by myself – rental profits are therefore divided 90/10.
We are wanting to purchase a few more buy-to-let properties – to keep long term for income and ultimately to boost pension income. All will be mortgaged.
Should we consider:
I am sure that there are many other individuals who have similar questions or have been in a similar position and possibly solved these matters, and I look forward to reading responses.
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