Property Tax
Our specialist property tax lawyers give clear and commercial advice on the tax implications of property transactions, whether for individuals, corporate entities or other organisations, including charities. The team advises on the following areas:
- Income tax
- Capital gains tax
- Inheritance tax
- Stamp duty land tax
- The Construction Industry Scheme
- VAT and capital allowances
- Corporation tax
We can help you with tax issues arising on a range of property transactions such as the following:
- The grant, surrender and assignment of leases in/over commercial property
- Sale of freehold
- Sales/gifts of property between trusts and partnerships
- Principal private residence issues
- Agricultural properties, including APR and BPR
- Construction and property development
- Sale of property as part of a corporate transaction, including TOGC advice
We have experience advising individuals (including high net worth individuals and families), charities and not for profit organisations, educational establishments, trusts, partnerships and private limited companies and plcs. We are not sector specific, but are particularly familiar with questions commonly arising in the commercial property, charity, education and leisure sectors. Examples of where we have helped our clients include:
- Advising on the SDLT implications of a complex set of transfers involving a number of family trusts and a newly established LLP
- Advising on the VAT issues relating to a complex set of property transactions with a mixture of residential and non-residential sites, some of which were listed, and some of which were opted to tax
- Helping clients in the charity sector to obtain zero VAT rating on their construction costs
For initial advice, contact John Pindard on 01752 675571
