Transferring a Property Rental Business to a Limited Company
Recorded March 2025 · Episode 4 · 10:34
In this episode I examine the incorporation of a property rental business held by a partnership or LLP into a limited company. I explain the potential advantages, including the availability of incorporation relief under s.162 TCGA 1992 to defer the capital gains tax that would otherwise arise, and the circumstances in which stamp duty land tax may be mitigated. I also set out the conditions that must be met — in particular the need for a genuine business rather than passive investment — and the practical pitfalls, so that what is often presented as a simple step is approached with the necessary care.
This podcast is not a substitute for professional advice.