Property tax planning

Whether you are a property developer, commercial property owner, construction firm or operate buy-to-let portfolios, there are opportunities to save tax through careful structuring and regular review.

We work with you to explore the most suitable structure for property ownership, review ever-changing tax legislation and ensure you make use of property tax reliefs. We also advise business owners with property assets on how best to transfer or gift property to family members. 

VAT on property

Property related VAT can be extremely complex. With the substantial values of many property transactions, poor VAT planning can be costly. Our highly experienced VAT experts will assist with VAT compliance, VAT structuring, VAT considerations in regards to sale and purchase agreements and negotiate with HM Revenue and Customs VAT team on your behalf, where the need arises. 

Stamp duty land tax

The regulations around Stamp Duty Land Tax (SDLT) have changed substantially in recent years. There are several factors, which can complicate SDLT calculations for both individuals and companies.

The key is seeking advice before you purchase a property, transfer a property to a company or gift a property. We’ll help you ensure you structure transactions to pay the right amount of SDLT and avoid the risk of penalties. 

Capital allowances on commercial property

Capital allowances are a form of tax relief, which need to be considered early on in any property transaction in order to secure the maximum benefit. Capital allowances apply in two primary circumstances:

- refurbishment of an existing property – be it commercial or buy-to-let
- purchase of a commercial property for occupation or investment

Capital allowances are also available for aspects of regeneration projects, conversion of buildings for a new purpose and redevelopment of brown or contaminated sites.

Our capital allowance tax specialists support clients from the outset to ensure that they secure the best position on capital allowances before purchasing a property. They will then work with you to prepare and submit capital allowances claims.

R&D tax relief for property development & construction

R&D tax relief is an incentive available to UK limited companies which seeks to encourage investment in innovation. The real estate sector lags behind other industries in claiming R&D tax relief, often because business owners do not believe that the activities involved in property development qualify.

Our R&D tax credit team have substantial expertise and an established track record in successfully concluding R&D tax claims.

Raising finance

A range of finance solutions are available for property investment, property development and buying property. We’ll help guide you through the options so that you can select the solution that is right for your specific needs and strategy.

Our experience includes:

Bridging finance: whether to release enquiry from an existing property, purchase a property as a cash buyer or to complete a deal, bridging finance can provide a viable short-term solution. We’ll help you assess the pros and cons before you make a commitment.

Refinancing: We can help you assess the feasibility of re-financing, either to release cash for growth or simply to secure better terms when the market changes.

We also help clients make informed decisions on financing options for commercial or residential investment and mortgage options particularly with regards to buy-to-let property portfolios.

Service charge audits

We work with a range of clients from managing agents and surveyors to professional property firms and management companies. Our goal is to help you meet your obligations and obtain certification.

Our service charge experts can assist you with:

  • certification and audit of service charge accountants
  • assistance with best practice and RICS, ARLA advice
  • advice regarding service charge software, such as TRAMPS and Yardi Voyager
  • preparing separate statutory accounts and service charge accounts
  • taxation matters involving VAT, corporate and personal taxation
  • payroll and pension contributions

Get in touch with our property experts

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