Kindly let me know that you want your property to put into the company or you just want to change the ownership of the property , kindly provide details so I can look into the matter, thanks.
Also let me know that you want answers from accounting aspects or tax aspects?
Please let me know that in which country you live as well as is this your real life scenario or some assignment question?
Okay, I can provide you information on this and reference from where i will get that so if you agree on this then let me know so I can place an offer , thanks.
You have paid a amount but that is not enough for such kind of work, kindly let me know so I can provide you a fair price, thanks.
I am sending you the offer please accept it , thanks.
I will answer your question in next 24 hours, thanks.
Please read the following information and let me know whether this answers your question or not?
Transfer personal assets into your company
When you start your business you may want to transfer some of your existing personal assets into your company. This is straightforward, as long as you take a pragmatic view of the value of the assets.
If you have an asset that was originally purchased for personal use you’ll need to establish the current market value of the asset. You cannot claim the full value of the asset, unless it was purchase solely for use by your new business. A straightforward method to establish the value of a used asset is to research the second hand market – eBay is a simple way to do this.
Once you have determined the value of the asset, you need to prepare an invoice from yourself to your company listing the items and cost of each separately. A simple invoice created using a word processor or spreadsheet will suffice, you just need to show on the invoice your name, address, invoice to (your company), invoice date, the items and their costs. If you have the original purchase receipts for the item, it is useful to attach them for your company records.
Once you have transferred the money for the items on your invoice from your company account to your personal account, you can then enter them into your bookkeeping screen. Click on the Enter new transaction then Asset purchase and enter the details. Select zero rated for the VAT category.
Reference :- http://www.inniaccounts.co.uk/guide/transfer-personal-assets-into-your-company/#.WAY0DeB97-s
If you transfer land or property to or from a company
When property is transferred to a company, SDLT may be payable on its market value, not the consideration given. For example, if a property has a market value of £200,000 but the company only pays a consideration of £100,000, SDLT will still be payable on £200,000.
This applies in either of the following situations, the:
Higher rates of SDLT may be charged from 1 April 2016 on purchases ofadditional residential properties.
Kindly let me know that did my information answered your initial questions? so I can focus on your other requirements which you have just asked, thanks.
You want to know that how the company will be created? in your last requirement?
By last requirement I mean this one :-
I see website online for company Creation,. is This something I could use? . And would I need any of the optional extras like Vat registration?
So what do you mean by this last requirement , please elaborate your need in the last requirement, thanks.
Kindly read the information on the following link. It will resolve much question of yours and if there is still left any then let me know, thanks.
Also let me know that by property you mean land or something else?
The link which I provided in last to you will answer many of your questions and some of them will be answered by me, thanks
Okay, read the information on the link it is quite in detail and then let me know that which question are left to answered, thanks.
For the rate on whcih you will be taxed please see the below link:-
For How to withdraw funds from your business please see the below link, thanks.
For how to setup a limited company please visit the following link and read all 7 points by clicking next at the bottom of the page, thanks.
Okay, you are always welcome, thanks.