Why you should not buy Property in a Limited Company | 6 Reasons why!

Is buying Property as an individual better than a LTD Company?

In this video I give 6 reasons why you should not buy property in a limited company. Last week I made a video about why it could be more beneficial to purchase property in a limited company, this week I am playing devils advocate and giving some reasons why it might be worth considering not using a limited company.

If you need any more help or advice comment below and I will answer as soon as I can.

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DISCLAIMER
Our videos are for general guidance, education and empowerment in helping you understand accounting, tax and your numbers. They in no way constitute specific advice to your specific circumstances. Me & my team would be delighted to help you with your specific queries or accounting requirements through a formal engagement.

[sikirataudu]

Can a company opened without operation(dormant) be liable for any tax

[Brad_Dean]

You forgot the huge fees for mortgages in ltd company between 5k and 10k

[Jeffybonbon]

I have both but the majority are personal going forward i think personal allowances and thresholds will rise but i think directors are going to face not only higher corp tax rates but dividend tax rates will go up and a time may come when a director will use salary which is income tax and ni for employer and employee

[The_Unintelligent_Speculator]

The question is;

Can you still build half decent wealth as a sole trader in BTL property even with section 24?

Great video mate.

[kimberleymee]

Also worth pointing out that corporation tax may go up to 25% for some depending on the person’s circumstances (associated people and companies)!

[mahilan_]

The company doesn’t have to pay corporation tax on the dividends that are paid so it’s not “ double taxation “ .

[roymichaeldeanable]

Cost £12 to create a limited company
If the limited company is low value you can Self Audit...no Accountants

[AbhishekVerma]

Hi Joshua, I don't think you have any idea how a Limited company works. In My opinion, your video is giving the wrong information and is misleading. When you have a limited company and you take a salary from a limited company, that salary is an expense for the business. So no corporation tax on that. And upto your personal allowance (12500 or whatever) you don't have to pay tax on that because you take that money as salary and your personal allowance apply there. I only watched your video till this point so not sure if the other things you mention. Let me know if you still think you are right.