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#45 I'm renting and own a BTL property. Will I pay the extra 3% stamp duty?
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Content provided by The Money Spot™ - UK Personal Finance and Heather Katsonga-Woodward. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Money Spot™ - UK Personal Finance and Heather Katsonga-Woodward or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Amrita owns a buy to let property and is a renter herself. She has been renting for over a year and wants to buy a home to live in. She wonders if she will have to be pay the extra 3 per cent stamp duty tax on the purchase of her new home. In addition, if she is subject to the extra 3% tax, she asks if she can she avoid it by buying her home through a limited company? That’s what we answer in this short podcast. If you need advice for your own situation, please contact a mortgage broker or personal financial advisor. RESOURCES Call me: https://clarity.fm/heather B School for Kids and other books: https://www.katsonga.com/mybooks.html Ask me a question: https://www.katsonga.com/coach.html Support the podcast: In $: https://www.buymeacoffee.com/TheMoneySpot In £: https://www.patreon.com/TheMoneySpot Your way: https://www.paypal.me/katsonga Related post on my website: https://www.katsonga.com/wealthblog/im-renting-and-own-a-buy-to-let-property-will-i-pay-the-extra-3-stamp-duty
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51 episoade
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Manage episode 340178381 series 2838867
Content provided by The Money Spot™ - UK Personal Finance and Heather Katsonga-Woodward. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Money Spot™ - UK Personal Finance and Heather Katsonga-Woodward or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Amrita owns a buy to let property and is a renter herself. She has been renting for over a year and wants to buy a home to live in. She wonders if she will have to be pay the extra 3 per cent stamp duty tax on the purchase of her new home. In addition, if she is subject to the extra 3% tax, she asks if she can she avoid it by buying her home through a limited company? That’s what we answer in this short podcast. If you need advice for your own situation, please contact a mortgage broker or personal financial advisor. RESOURCES Call me: https://clarity.fm/heather B School for Kids and other books: https://www.katsonga.com/mybooks.html Ask me a question: https://www.katsonga.com/coach.html Support the podcast: In $: https://www.buymeacoffee.com/TheMoneySpot In £: https://www.patreon.com/TheMoneySpot Your way: https://www.paypal.me/katsonga Related post on my website: https://www.katsonga.com/wealthblog/im-renting-and-own-a-buy-to-let-property-will-i-pay-the-extra-3-stamp-duty
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51 episoade
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