Episode 167
Limited company vs Section 24
February 8th, 2023
24 mins 1 sec
About this Episode
Simon and Stuart are extending their conversation from last week around the financial effects on buy-to-let owners of changing mortgage interest rates - this time taking a look from a limited company point of view.
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The discussion this week includes:
- Bank of England base rate goes up.
- Good news on mortgage interest rates.
- Our effects of Section 24 and mortgage rates episode from last week.
- Imagining our re-mortgage scenarios from last week, in a limited company.
- Comparing personal name property tax to limited company tax.
- ...including dividend tax when extracting profits from a limited company.
- Limited company tax spreadsheet: https://docs.google.com/spreadsheets/d/1UFtjeOAtpgqAZlaPyevfysVM600eJsSmc76UBUIgOkc/edit?usp=sharing
- Falling HMO numbers: https://www.lettingagenttoday.co.uk/breaking-news/2023/2/hmo-numbers-falling-despite-need-for-more-rental-properties
- Find us on Twitter, YouTube or LinkedIn: Stuart, Simon.
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