I want to transfer my primary residence in Leeds (the only home I own) into a new property company (a special purpose vehicle). What taxes are liable? I assume it's free of capital gains tax as it's my primary residence. I plan to move out of that home and rent it out in the next 18 months. 

Arthur Weller replies:  

Firstly, you should transfer to the company after you move out of the property because if you live in the property while it belongs to the company, you will be receiving a benefit-in-kind, which will trigger income tax for you. The transfer itself will make the company liable to stamp duty land tax, based on the market value of the property. However, it is worth speaking to a tax adviser, who may find a way for you to achieve your objectives without having to actually transfer the property into the company (e.g. a 'rent-to-rent' arrangement).