What is incorporation relief?

It defers capital gains tax when a business is exchanged for shares. HMRC expects the lettings to run as a genuine business with meaningful time spent, which many small portfolios do not meet. We assess this honestly first.

What does a company cost to run each year?

Accounts, corporation tax return and confirmation statement are the recurring pieces. We quote the annual package as a fixed fee so the running cost is known before you incorporate.

Landlord incorporation and SPV accounts

Since Section 24 restricted mortgage interest relief, thousands of landlords have moved properties into companies, and thousands more have been sold the idea when it does not fit. We give straight answers, and when a company is right, we build and run it.

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Landlord incorporation and SPV accounts, illustration 1

Property Accountant Woolwich

The honest comparison first. The company second, and only if your numbers say so.

Property and landlord tax. It is all we do

100%

Specialist services for property owners

Based on Woolwich New Road, covering SE London

SE18

Fees fixed and agreed before work starts

Fixed

the engagement

From honest answer to running company

One process, four stages. You can stop after the first one, and some clients should.

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First, the honest comparison

Personal versus company on your actual numbers. If the answer is no, we say no.

Included in the fixed fee

Then, the company, built right

SPV formation with the correct SIC codes and share structure lenders expect.

Included in the fixed fee

The transfer, eyes open

Incorporation relief, stamp duty and mortgage terms, priced before you commit to anything.

Included in the fixed fee

Then every year after

Accounts, corporation tax and confirmation statements, on one fixed annual fee.

Included in the fixed fee

Why landlords incorporate

A company deducts all of its mortgage interest, where an individual landlord only receives a basic-rate credit. Profits kept in the company are taxed at corporation tax rates, which suits landlords reinvesting in more property, and a company separates the portfolio from your personal affairs.

Why many should not

Moving an existing property into your own company is a disposal and a purchase: capital gains tax on the transfer, stamp duty for the company, and new mortgage terms. Incorporation relief can defer the CGT where the lettings genuinely run as a business, but it is not automatic, and for small portfolios the costs regularly outweigh the saving. Anyone who says otherwise without seeing your numbers is selling something.

The clean route: your next purchase

An SPV set up before you buy avoids the transfer costs entirely, and lenders are comfortable with SPVs using the standard property SIC codes. We form the company correctly in days and handle everything it files from then on.

Ready to talk it through? Book a free consultation and get a fixed-fee quote with no obligation.

FAQs

Straight answers to the questions we hear most

100k

Does transferring my buy-to-let to a company trigger stamp duty?

Normally yes. The company buys at market value and pays stamp duty including the surcharge. Genuine partnership cases can differ, which is exactly the kind of point to check before committing.

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FAQ: What does a company cost to run each year?

What SIC code does a property SPV use?

Most buy-to-let SPVs use 68209 for letting own or leased property. Trading companies use different codes, and lenders check, so it must be right at formation.

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