06 January 2017
On 19 August 2016 the government issued a new consultation. On 5 December 2016, its summary of the responses to the consultation was published, alongside the draft Finance Bill 2017, which provides more clarity on certain aspects of the proposals.
23 November 2016
The government is considering bringing non-resident landlords into the corporation tax regime. This will add a layer of complexity and may increase taxable profits. There are some benefits including a potential lower rate of tax.
18 October 2016
New proposals will mean more UK property will fall within the UK inheritance tax (IHT) net from 6 April 2017.
06 September 2016
Buy-to-let landlords could risk paying income tax on gains when disposing of property.
Rajiv is a partner in the London private client team at RSM. He deals with a wide range of issues relating to HNW private clients including non UK domiciled individuals, inheritance tax planning, capital gains tax planning and international tax issues facing inbound/outbound individuals.
05 July 2016
Whether you are buying residential property as an individual or in a company, the chancellor is keen to collect tax. And with increased stamp duty land tax (SDLT) rates now in effect, careful planning is key to avoiding overpaying SDLT.
20 May 2016
A further consultation on restricting interest and finance costs for UK corporation tax purposes was released on 12 May 2016. The document contains 92 pages. As the property sector is generally highly geared, the proposals will impact on this sector more than others.
15 April 2016
Investors in commercial property will benefit from the reduction by 8 per cent in the rates of capital gains tax.