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HM Accountax Ltd
HM Accountax Ltd, Chartered Certified Accountant
Category: Tax
Satisfied Customers: 688
Experience:  I am an accountancy professional with more than10 years hand on experience in audit, accountancy and tax affairs.
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I am an overseas investor (Vijay Jethwani) looking to buy

Customer Question

Hi Pearl, I am an overseas investor (Vijay Jethwani) looking to buy properties in the UK. They are commercial rent-yielding assets. Could you guide me the best way to make the purchase, Offshore company, or personal name to save taxes.
JA: Have you talked to a tax professional about this?
Customer: No, i have not done as yet
JA: Anything else you want the Accountant to know before I connect you?
Customer: i have a family of one wife and two kids staying in UAE having an Indian passport.
Submitted: 10 days ago.
Category: Tax
Expert:  HM Accountax Ltd replied 10 days ago.

Hi Mr Jethwani,

I am an advisor at JA and happy to assist you.

How many properties are you looking to buy?

Regards

HMAT

Customer: replied 10 days ago.
Max two
Expert:  HM Accountax Ltd replied 10 days ago.

and how much is the rental expectation do you have? Also, are you citizen of common wealth country like India or Pakistan?

Customer: replied 10 days ago.
two
Customer: replied 10 days ago.
I dont agree to talk on a phone as the amount is too high for me to pay
Expert:  HM Accountax Ltd replied 10 days ago.

how much will be the rental income?

Customer: replied 10 days ago.
around 10,000 pounds approx
Expert:  HM Accountax Ltd replied 10 days ago.

I'll suggest that you buy in personal name as it will be more tax efficient

Customer: replied 10 days ago.
thanks
Expert:  HM Accountax Ltd replied 10 days ago.

My pleasure