Personal or Business purchase ?

[d000hg]

Not sure how things work darn sarf, but smaller business premises, especially out of the way areas, get 100% rates relief (based on rateable value). Rateable values also don't change with rent changes, unless an owner/developer or someone applies to have a rates re-evaluation done.

If i personally buy the shop (no borrowings) and rent it to My Co Ltd at the current 'fair market' rent I'll be quite happy with that and I'll get something on the other end when I sell the whole thing to some retired couple who sell their 1 bed flat in London for £2M and want a lifestyle business on a Scottish Island :-) That seems to be happening a lot right now where I live and the surrounding areas in Argyll.

Without knowing any details about your shop or location it's hard to know. We built our own premises so were asked what the rateable value WAS, I think!
But the general consensus we got asking around was to do what aligns best with the reality of the situation rather than set up some convoluted arrangement to save a bit of tax. I assume based on what you've said the rent isn't that much anyway.

I had missed you'd got a shop - what is it? Interesting thing to do.

[DoctorStrangelove]

More importantly, do you sell sleds?

Just askin' like.

[Archangel]

SIPP. Eventually tax free. Doesn’t count towards inheritance tax. No brainier.