Incorporating a property portfolio – RY

“What’s the tipping point for incorporating a property portfolio?

The perceived tax saving when comparing Corporation Tax to higher rate Income Tax, and the flexibility of shareholdings for companies may be offset by the costs of incorporation such as professional fees, refinancing costs, Land & Buildings Transactions Tax (LBTT) and Capital Gains Tax (CGT). The trick is to match the savings against the costs to determine if it’s worth it.”