Pots

Thanks Temp, we were advised about that - so definitely not part of the plan, we'd like to sell it but with the least painful tax implications!

Thanks everyone, you've given me food for thought. We are only a small company and don't earn much as directors, only 2 employees. The only advice we had from our accountant was to do one after the other and leave it a few years, but to be honest I'm done moving every couple of years, so it's not ideal and I believe will be quite risky to argue with HMRC. I'm very inexperienced with pensions, so I'll be doing lots of reading up on those options. I am more interested in the ltd company option, but again, more research is needed. Yes, Pete, the land is the garden of our current property, although confusingly isn't in the same title! Not sure if that will be problematic. Oh and we are in SE London. The land with PP would fly off the shelf but it's not really want to do. Anyone know of any accountants or specialist financial advisors in this field? I can badger them too!!

Hello My first time on the forum, so bear with me. We have planning permission pending for 2 houses to be built to the side of our current home. We own the plot as individuals but we are also a Ltd company (builders) and want to move into one as a self build (built by our company) and sell the other. I know I can reclaim the VAT on any items we buy (if reclaimable) at the end of the project for the self build and I will be making VAT returns for the other property via the company. It will be a massive headache splitting out the costs so any ideas on that would be appreciated! I'm also trying to work out how to make the idea work out most efficiently in terms of tax. I will be hammered for CG when we sell the new build, I'm wondering whether I can do something clever with the ltd company to help alleviate the hit. Has anyone done anything similar, that I can fire some questions at? I'd be so grateful, my brain is mush every time I try to work it out!