Hi everyone,
I hope you are all safe with the covid 19 situation and all.
Im in a position where my family will be selling a property and with a portion of this I will be using it to set up my own company and invest using this lump sum.
To make this as simple as possible my mother will be selling a property for £300k. From that my mother will be buying a £200k house through a LTD company having £100k left over for retirement.
Myself and my sister are looking at the best way to minimise the tax and be able to secure the £200k property for us in the future. Once the £200k