Incorporation Relief for Property businesses
Thinking about transferring your business to a company?
Transferring business assets including goodwill from your personal ownership to a company would ordinarily result in the realisation of a taxable gain. There are rules however which mean, provided a transfer is structured correctly and certain conditions are met, taxable gains are avoided. This is called Incorporation Relief.
This relief is particularly pertinent for property investors who may be looking to reorganise their portfolio.....
Signature Tax can help you decide on whether this is the right course of action, how to plan and implement correctly.