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Property rental is a flourishing Business in the UK.
We advise clients on their tax position, whether to buy properties as Limited Company or personally.
Benefit of forming a Limited Company to buy and rent properties is:
Step1 – We will form a Limited Company.
Step2 – You will have to buy property with solicitors’ guidance in the name of the Limited Company making payment through the company’s bank account.
Step3 – You will provide us with rental Income and Expenditure for each property. We will extract profit from each property and will prepare Profit & Loss and Balance Sheet.
We will submit at year - end:
Privately Owned Property:
We will prepare an Income and Expenditure from your rental Income.