Moving a property from one Ltd Company to Another
Discussion
Stamp Duty is charged on "consideration". i.e. price.
Gifts, since there is no price, usually attract no Stamp Duty. (NB This assumes no outstanding mortgage)
All you'd have to do is work out why one limited company decided to "gift" a property to another.... Not easy. HMRC is unlikely to be impressed.
Meanwhile, back in CGT land, a gift is a "disposal" so Capital Gains Tax needs to be considered.
Gifts, since there is no price, usually attract no Stamp Duty. (NB This assumes no outstanding mortgage)
All you'd have to do is work out why one limited company decided to "gift" a property to another.... Not easy. HMRC is unlikely to be impressed.
Meanwhile, back in CGT land, a gift is a "disposal" so Capital Gains Tax needs to be considered.
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