Asigning BTL income to Ltd | AccountingWEB

Asigning BTL income to Ltd



A BTL is owned in 99:1 ratio, by a father and son.  Both are higher income tax payers. They are looking to assign the BTL rental income to a Ltd.


1. How would they assign the rental income to the ltd?

2. The BTL has a mortgage, can this mortgage payments and all the relevant expenses be reimbursed to the payee from the ltd?


Thanks in advance for your help and happy new year.



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Check with mortgage company

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