One company buys property and one rents it - two SIC codes to benefit from Entrepreneur Relief
Tax Planning and Financial

Zozooo
Zozooo
2 Thanks
8 Posts
1 year ago
1

Hi all,

I am setting up my new limited company to buy properties, I want to understand the tax differences between SIC codes for companies?

From reading online, I saw some people claiming the best is to setup one company to own the properties and another to rent them. Then for mortgages you have to be an SPV under certain SIC codes.

Anyone with advise or has done this please advise,

Thank you in advance,

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.