Did you know if you own residential property worth over £500k within a company you need to complete Annual Tax on Enveloped Dwellings (ATED) forms? Otherwise you will incur penalties?
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If you’re in need of a bank account:
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2. Want to avoid monthly bank fees.
3. Want a bank account that is feature rich.
4. Which integrates well for efficient accounts production.
Then Tide might be worth a look:
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Consider buying an electric car in your property company as a way to extract profits efficiently! A higher rate tax payer will effectively save almost 50% in tax:
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