Here in this Property Question Time, Tony Gimple (Less Tax 4 Landlords) answers questions about section 24, paying 50% of next years tax bill and holding property in a limited company. He’s also joined by Paul Mahoney (Nova Financial) and Simon Zutshi (author of Property Magic and founder of the Property Investor Network)
Questions in this episode include:
- When is it right to buy and hold buy-to-let property in a limited company?
- My accountant has just told me that my tax bill is going to increase in January and that I’m going to have to pay 50% of next year’s tax bill which is also increasing in advance. What can I do?