Property tax

Property acquisition
Tax issues arising on a property acquisition, whether for trade or investment can be complex. We can provide a single point of delivery on due diligence and acquisition structures as well as offering advice on VAT, stamp duty land tax, capital allowances and tax efficient financing, where withholding taxes and thin capitalisation can be a key risks for overseas investors.  

Opco/Propco Structures
Property critical businesses such as hotels, care-homes and data centres typically mix trading with property investment. We have an established track record advising on structures using separate operating and property companies for activities with greatly differing risk profiles, increasing both business and tax efficiency as well as providing transparency for funders and potential acquirers, possibly increasing returns.

Residential Developments
Profitable development requires success in all key areas from securing the opportunity, planning permission, finance, procurement, cost control and the ultimate disposal. This can be challenging, particularly for smaller businesses. We advise developers of all sizes on selecting the most effective and cost efficient tax structure.    

Selling a property
Carrying out tax planning in advance of transactions can increase return and save costs for sellers thanks to recent law changes, including those concerning capital allowances. We can assist with VAT matters, capital allowances elections and liaise with solicitors and other advisers to helps smooth the way to a swift and cost effective transaction.

Are you jeopardising your tax reliefs?
Entrepreneurs usually expect to pay only 10% capital gains tax when they sell shares in their trading business as a result of Entrepreneurs’ Relief. Alternatively  if they want to pass them on to the next generation they might expect 100% Business Property Relief to prevent a 40% inheritance tax bill. All this  could be put at risk if the company holds rental properties or other investment.  The ideal solution may be a tax free property extraction which may also be required if a purchaser wants to buy your shares but not the property Every solution is different but our property tax team will guide you through the minefield to achieve the goal.