What are the specific tax advantages and disadvantages of using a limited company for buy-to-let property in the UK compared to personal ownership for new landlords?
Quick Answer
Limited companies offer tax advantages like full mortgage interest relief and Corporation Tax rates, but come with higher lending costs and administrative burdens, making them suitable depending on your personal tax rate and long-term strategy.
About This Topic
New UK landlords: Compare tax advantages/disadvantages of limited company vs. personal buy-to-let ownership, including Section 24, Corporation Tax, and lending costs.
This question is part of our Tax & Accounting category, providing expert guidance on UK property investment.
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