If you own shares in a company which in turn owns property, either commercial or residential, you may be subject to a double tax charge on the gain in value of the property.
Make sure you do not pay too much tax on profits from both commercial and residential property. We can help you structure your business in the correct way.
This is particularly relevant for owners of companies that own commercial property, let to trading businesses likely to substantially increase in value in the coming years. In this situation a large capital gain could be taxable when the property is sold, if you do not plan in advance.
We can help you take advantage of different business structures available, such as LLPs, and provide a simple solution to your property problems.
LLPs can be used in many ways and in other situations can be used as part of tax efficient structuring saving considerable amounts of tax. Ask us how you might use LLPs effectively.