Limited Company
Tax Planning and Financial

Eddie S
Eddie S
0 Thanks
4 Posts
10 months ago
0

I own 3 rental properties personally and manage them myself. I also have a limited company that provides interim project management services, although it hasn't done much this last year. The thought occurred to me that as a director of this company I could provide property management services to me personally to manage my 3 properties. The fees would be income to my company but would be chargeable as an expense on my personal income. There is an obvious tax advantage in doing this as I am a 40% tax payer. Anyone have any thoughts on this? Thanks.

Please Login

You must be logged in to participate in our forums, to continue please login below.

Not a member? From only £75 you can join in the discussion and get access to member's only resources and services join now.