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Education needed on limited companies – Star Letter 22/01/2016

by: Mortgage Solutions
  • 22/01/2016
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Education needed on limited companies – Star Letter 22/01/2016
Each week, we round up the best comments, emails and letters to the site and pick one reader contribution as our Star Letter.

This week’s Star Letter goes to Ben Gosling for his comment on the story Buy-to-let investors have just days to avoid Stamp Duty levy.

A mixture of financial, legal, tax and mortgage advice is essential for any client who is considering whether or not to incorporate their business. Realistically, the time frame to make this decision is now very short, as transfers into limited company structures will be subject to the tighter SDLT rate if they take place after 31 March.

Brokers have a responsibility to educate themselves and their clients about the extent of the changes and recommend their clients get the relevant advice before proceeding with an application.

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