With the recent changes we have had in the legislation involved with purchasing additional property we have delved a little deeper to try and offer the best advice possible to our customers.
These changes and the effects have been in a firm presence amongst news reports, social media and many discussions up and down the country. It has been widely assumed by many that due to the increase in the Stamp Duty that investors and potential investors may seek alternative methods to invest their hard earned savings. However, this may not always be the case…
An article that highlights the possible ways on avoiding overspending on Stamp Duty and whether it would be advantageous to certain individual’s has recently been published in the Telegraph .
During the article it explores the possibility of forming a Limited Company to avoid the Stamp Duty Tax and whether the repercussions would be beneficial or not depending on your circumstances. This is something which has not been given much attention to and we felt it may reassure and advise people who are unsure at how the changes would effect them.
