Its great to see material like this as there will be many ltd co landlords who need to consider their exit options. Most landlords probably don't give sufficient consideration to their exit strategy. Well explained.
If its in a company then corporation tax will be due. The probate is irrelevant for a company owned property as the probate is simply the shareholding and not the property.
Its great to see material like this as there will be many ltd co landlords who need to consider their exit options. Most landlords probably don't give sufficient consideration to their exit strategy. Well explained.
Thank you for your feedback.
Amazing 👏
Glad you think so!
Good video of the basics to be aware of.
Could you do a video showing the tax treatment for selling part of a Freehold?
I should add, the Freehold having 11 flat and 3 commercial units and then selling 2 commercial units
I will see what I can do over the next few months. If there is any other useful information I can use this as the basis for a video.
@@kimberleyshapcottpropertytax what would be interesting is the tax treatment as you sell each residential and commercial unit over a number of years.
What are taxes due if you have to sell a property as probate ?
If its in a company then corporation tax will be due. The probate is irrelevant for a company owned property as the probate is simply the shareholding and not the property.