Course Details

Business premises can be owned in a variety of different ways, depending on the type of business entity involved. With many choices available, there are a host of tax and non-tax factors to take into account before a business owner can decide what is the best ownership structure for their business premises. In this session, we will take a deep dive into this important tax planning issue, and look at all the pros and cons to consider.

 

Topics to be covered will include:

 

  • Ownership choices: personal, company or partnership, SIPP, spouse, or other family member
  • What do the forthcoming changes to Business Property Relief and Inheritance Tax on pensions mean for business premises ownership?
  • Capital allowances versus business asset disposal relief: how far has the balance tipped?
  • Why rent is one of the most tax efficient profit extraction tools for small company owners
  • Have the changes to tax on property income and dividends announced in Budget 2025 changed anything?

 

 

Outcome

By attending this session, delegates will be able to advise clients on the many factors to consider when choosing how to hold their business premises, or deciding whether the time is right to make a change.

 

Who will the session be targeted at?

The session will be of benefit to general practitioners, tax advisers, accountancy students, business owners, landlords, and accountants working in businesses.

 

Course Level

The course level will be intermediate.

CPD Course Speaker

BSc FCA, Author and Presenter

Carl Bayley

Carl Bayley is the author of a series of plain English tax guides designed specifically for the layperson and the non-specialist (available from www.taxcafe.co.uk). His particular speciality is his ability to take the weird, complex, inexplicable world of taxation and set it out in the kind of clear, straightforward language taxpayers themselves can understand. Carl takes the same approach when speaking on taxation, a role he frequently undertakes with great enthusiasm, including his highly acclaimed annual ‘Budget Breakfast’ for the ICAEW. He has spoken on taxation on radio and television, including the BBC’s ‘It’s Your Money’ programme and BBC Radio 2’s Jeremy Vine Show. Carl is a past Chairman of the Tax Faculty of the ICAEW and former member of the Institute’s governing Council and Board. Aside from his tax books, Carl is an avid creative writer. His first novel, Trinity of Souls, was published in 2024, with his second, Destiny of Souls, following in March 2025. When he isn’t working, he takes on the equally taxing challenges of hill walking and horse riding: his Munro tally is now 106 and, while he remains a novice rider, his progress is cantering along nicely. Carl lives in the Scottish Borders, where he enjoys spending time with his partner, Linda.