transfer of private property to ltd company

[houghofurr]

I own my own house. I also am director of a ltd company. I want to rent out my house through the ltd company. can this be done

[buildersmate]

Hmm this sounds dodgy, I am sure you are going to need to buy some proper advice from a tax accountant. However....
Perhaps you could get your company to sign a short term assured tenancy with you for six months (extendable). Then sub-let the property from the company to a free market punter.
I don't see how this saves you anything unless it is about shifting risk from you to your company (the risk of the house not being let out). And I'm pretty sure HMRC would be interested in checking it out.

[Skyline D]

Can it be done? Yes. You'd need to either have the company legally buy the property or let it and then sub-let it but it can be done. We have clients who have done it.

Why would you want to do it buildersmate? Because if he's a 40% taxpayer then the income is taxed at a lower rate in the company than it is directly to the individual. If you don't need the funds immediately, or if you do need them but are going to use them through the company, then it's tax advantageous.