I have a question regarding my future tax planning.
I have been working as sports massage therapist for the last 10 years - Self Employed
I aquired 2 properties that I rent myself as short let (Furnished Holiday Lettings), since 2016
In 2017 I formed a limited company to manage my holiday lettings with the idea of expanding the lettngs business and not working as self employed therapist anymore, however this is not what how things happened. I continue to work as therapist and the lettings at the same time.
I'm now thinking if I should add my therapy business to the same company to make tax slightly more efficient and to make it easier to manage one business/company instead of 2 completely separate.
Do you see advantages and disadvantages in having different trades Sports Massage and Letting of holiday accommodation?
I'm also very interested in continue to buy more properties, but in a limited company as oposed to in my own name.
How mortgage lenders would see such company with completely different trades?
Should I just have 2 limited companies instead? or continue to trade as self employed for the sports business if it has no tax benefit?
Thank you in advance