Are there any tax incentives for buying an investment property as a business entity when contracting?
If someone could give me a basic guide to what are the best stratgegies I would appreciate that.
My current boss was saying most people he knows on high rates put all their money into an IP and at end of year their tax is minimal to pay. How does this work?
i would say a fair chunk is in the high tax rate. Currently paye so looking to go business enity for IP benefits.
If someone could give me a basic guide to what are the best stratgegies I would appreciate that.
My current boss was saying most people he knows on high rates put all their money into an IP and at end of year their tax is minimal to pay. How does this work?
i would say a fair chunk is in the high tax rate. Currently paye so looking to go business enity for IP benefits.