Stop Ltd companies offsetting loan interest or other expenses for rental income
National
·23 contributorsWe believe there’s a total disparity in an individual buying a house to rent and not being able to offset loan interest payments or refurbishments and updates to property that are considered ‘capital expenditure’ against rental income, whereas as Ltd company has these tax advantages.
Rachel Reeves
Chancellor
Tax company rental income like individuals
Similar motions
Stop Ltd companies offsetting loan interest or other expenses for rental income
National
We believe there’s a total disparity in an individual buying a house to rent and not being able to offset loan interest payments or refurbishments and updates to property that are considered ‘capital expenditure’ against rental income, whereas as Ltd company has these tax advantages.
Tax company rental income like individuals