Real Estate / Avoiding tax when selling a flat in PL [19]

I think that if you have lived in the flat for more than 12 months you are exempt from CGT. However I am no tax expert.

As for est a sp. zoo, yes there are tax advantages, but you would find it hard to get a mortgage if it is only for one property and no other business activity, plus there are quite onerous accounting regulations on such a company. Of course if you were to sell/liquidate the sp zoo you would be liable for CGT, so not sure there is a huge advantage in this outside of the rental income aspect.

Real Estate / New Landlord - taxation on rental income [6]

thanks Harry

I also heard there is some way of simply paying 8.5% of rental income, a kind of flat (if you forgive the pun) tax. Does anyone know anything about this