Good evening all,
I am looking to purchase a house and retain my current house as a rental property. The new house is bigger and as a result we are ending up paying £18,000 ADS, my question is if I was to put my current house into a LTD company which has to pay ADS even on it's first property this would mean paying an additional £10,000, could I then reclaim the £18,000. Obviously I still will pay ADS but it effectively also me to nominate the rental property as the additional dwelling, and in this example would save ~£8,000.
Thanks,
JBern
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