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BUYING LAND IN PERSONAL OR LTD COMPANY NAME FOR VAT CLAIMBACK REASONS

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kev
kev
109 Posts
11 Thanks

HI ALL!

I AM BUYING LAND NEXT WEEK, NOT SURE IF I SHOULD BUY IN PERSONAL OR LTD COMPANY NAME.

I WILL BE BUILDING A HOUSE TO LIVE IN, THEN RENT OR SELL AND SPENDING A LOT ON MATERIALS. THERE IS AN EXISTING SINGLE STOREY BUILDING THERE AT THE MOMENT.

I WANT TO SAVE TAX FOR MY DAUGHTER'S FUTURE ALSO.

WOULD I HAVE TO PAY 3% STAMP DUTY ON THE PURCHASE?

THANK YOU

16/02/2019 19:35

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