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Record number of buy-to-let owners set up companies

Record numbers of buy-to-let landlords are using a tax loophole to try to minimise their payments to HM Revenue & Customs, research by Hamptons has found.

Thousands of landlords are transferring properties from their own names into company names every month, the report published today says.

More than 50,000 buy-to-let companies have been incorporated with Companies House in the past year, taking the total over 300,000, and more than double the level for 2017.

The Times (£)

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