Paul Davies looks at some of the options for owning rental property and considers to what extent they can be used to help minimise taxes.
The question of how best to minimise taxes on income or gains normally comes down to two main considerations: can the income or gain be re-allocated to someone who will pay tax on it at a lower rate, or can the tax date of receipt be delayed until (hopefully) a lower rate will apply?
For a property letting business, a corporate structure can help with the efficient allocation of income. There are, however, a large number of other considerations to take into account when making a decision about
