Some individuals (under double taxation agreements with their country of residence) are entitled to the same tax free allowance as a UK resident. This is £11,850 for the 2018/2019 and £12,000 for 2019/2020 tax year. It would be more beneficial for these individuals to purchase properties in their own name. The introduction of Capital Gains Tax for non-residents also make this question a lot more complicated. Individuals are entitled to a CGT allowance in the year of sale. Companies do not have this allowance.
The UK Treasury has also recently changed the rules relating to properties held by non-natural persons - e.g. a corporation; trusts. Tax rates are higher and reporting requirements more onerous. If you need more information to make a decision prior to purchasing a residential property, please contact our office.