Tax Insider Tip: Can A Lettings Company Get Around The ‘Osborne Landlord Tax’?
A Property Tax Insider reader writes:
'It seems landlords are being advised to set up a 'lettings/management' company to get around the interest relief reductions. The aim is that their company will then charge 'letting/management' fees to reduce the interest tax rate hit. Please can you comment on this.'
In our monthly Property Tax Insider newsletters, Alan Pink looks at the use of companies for such a scenario and shares some practical tips and pointers for those considering such a strategy.
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