Originally Posted by GARETH T
Originally Posted by Tony Ryan
Avoid capital gains tax by living in the house you renovate or at least renting on the quiet while you do it , as long as its your principal residence you pay nothing . I started a ltd company to cover myself , only pay 18% income tax and all the bills go against that , never paid any real tax and haven't done too bad
Good luck !
i thought there was a cap on how many you could do this to and pay no tax?
Nope , just dont move house more than 3 times a year or they flag you up at the Inland revenue !