Save Tax - Don't Incorporate

Its the new black, everyone wants to do it. Incorporating a Rental Property Business. In this case there is no mortgage on the property, so there are no issues with interest rate relief.

But incorporating is easier than dis-incorporating. This is where the property reverts back to the hands of a sole trader. Rates could end up changing and the newly incorporated company rapidly becomes a bad idea. Don't forget those plumbers who incorporated to take advantage of the 10% starting rate? Or service companies that took advantage of the transfer pricing rules, and were still just slightly tax advantageous when the transfer pricing rules changed, only to flip to being a tax headache when dividend rates increased?