This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. To find out more about cookies on this website and how to delete cookies, see our privacy notice.

Property partnerships: Tax bonanza or minefield?

Shared from Tax Insider: Property partnerships: Tax bonanza or minefield?
By Alan Pink, February 2022

Alan Pink illustrates the benefits of holding property portfolios in partnership structures and points to problems that can arise and their solutions. 

Where there is more than one person involved in the ownership of a property portfolio, apart from straightforward joint ownership, investors basically have a choice between property companies and property partnerships as a way of structuring the ownership.  

With recent and impending changes to tax rates, property partnerships are beginning to look even more attractive as an alternative to the property investment company than they were before.  

Gone are the days where you had basically the same rate of tax on income, whether it was passed through a limited company on the way to individuals’ bank accounts, or was received by those individuals directly as owners. In 2023, we are promised a corporation tax rate of 25% for larger companies and ‘close

This is one of our 2221 Premium articles

To see this article in full and unlock access to our complete library of 2221 articles click 'subscribe & unlock' below:

Subscriptions include a 14 day free trial
+ money back satisfaction guarantee

Begin your tax saving journey today

Each month our tax experts reveal FREE tax strategies to help minimise your taxes.

To get Tax Insider tips and updates delivered to your inbox every month simply enter your name and email address below:

Thank you
Thank you for signing up to hear from us!