Our property advisory work centres around three main areas:
- Direct tax advice.
- Stamp duty land tax.
- VAT.
Advice in each area can never be given in isolation and our Property Tax team work together with
our property lawyers to provide practical and commercial solutions to our property clients'
taxation needs.
Direct tax advice is delivered in relation to property acquisitions and disposals and to the tax
efficient structuring and funding of investment in UK property. We offer advice on the range of
investment structures including co-ownership through joint ventures, partnerships including limited
partnerships, authorised unit trusts and offshore unit trusts, and capital allowances planning.
The team has considerable experience of designing and implementing stamp duty land tax
arrangements including packaging properties prior to sale, the use of options and leases, and is
now applying that expertise to planning for stamp duty land tax. VAT solutions have been
developed and implemented to assist exempt and partially exempt bodies with input tax recovery,
while more conventional methods of VAT planning have been adopted in relation to VAT elected land
for developers of residential properties.
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