Dear all,
I have been looking for hours for an answer on-line and it appears that the question I have has not as yet been discussed elsewhere.
Question:
Is it possible to setup a LTD company for the purpose of renting my own house to it (4/5 bedrooms), to let the LTD (that I own) sublet it and I rent one of the rooms in order to keep it as my primary residence?
I think this would allow me to take some expenses from the income that are therefore jot taxable.
If I was just to sublet to two other people more of the income would come to my Gross