Course Details

The private rented sector has grown to become a major part of the UK economy and there can be few practising accountants who have not been asked for advice on the many tax issues involved. The idea of using a company to save tax has long-since appealed to many landlords but interest has been further heightened by the introduction of restrictions on interest relief for individual residential landlords. However, the issue of whether to use a company is far from simple and there are many conflicting factors to weigh up.

In this session, Carl Bayley will cover:

  • An overview of the taxation of property investment companies, including the impact of the forthcoming changes to Corporation Tax rates
  • Advantages of operating a rental business through a company, including potential annual tax savings, and savings on capital gains arising on property disposals
  • Disadvantages of operating through a company, including the cost of profit extraction
  • The effective double taxation involved in winding up the business and how to avoid it
  • Summary of the story so far: which landlords will benefit from using a company
  • How to transfer an existing property business into a company tax efficiently

 

By attending this session, delegates will have a thorough grounding in the issues involved in using a property company, as well as an understanding of the key benefits, pitfalls to watch out for, and the profile of the type of landlord who will benefit by using a company

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.