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Are you fully aware of the risks of portfolio incorporation?

Landlords aren’t only making mistakes with DIY limited companies. Those looking to move their existing properties into a limited company without paying tax have recently been in the spotlight, with reporting in national newspapers and HMRC issuing a spotlight on tax avoidance schemes. Portfolio incorporation can be complex and costly, and, crucially, is not right for every landlord. If you get it wrong, however, you could end up having to pay missed taxes, penalties and interest.

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