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Posted Fri, 08 Sep 2023 06:33:27 GMT by Cranborne
If one owns a property in his own name but he wants to run the rental business through his company, without charging his company any rent or fees, i.e. his company uses the property for free. Can he allow his company to use the property for letting and receive rental income, i.e. the company is the landlord as far as tenants are concerned? Of course, the company will be responsible for the usual expenses, such as repairs, council tax etc. Many thanks.
Posted Mon, 11 Sep 2023 14:18:34 GMT by HMRC Admin 10 Response
Hi
Thank you for your question.
When specifying owning the rental property and letting you limited company trade out of the property, a formal rental agreement would need to be worked out as if they were letting to a different party.
Would the limited company hold any share in the property and if so, is this either through a deed or proper? 

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