25 November 2015
08 July 2015
Real estate was definitely a hot topic in the Summer Budget, with both expected and unexpected changes.
08 July 2015
The Summer Budget has brought a number of measures, which will impact on the real estate sector.
In recent years there have been a number of changes to the way property is taxed in the UK. The rules are now complex and full of pitfalls.We recommend seeking specialist advice to ensure compliance and make tax savings.
You could make substantial tax savings with a review of your capital allowances claims. If you are an owner of commercial property and subject to UK tax, you are entitled to claim capital allowances on qualifying fixtures in your properties.
Capital gains tax can apply on the disposal of assets, from a single item to a multi-million pound business. There are numerous relief opportunities available to manage liabilities, thus maximising the money in your pocket.
Those buying property face many tax issues, whether it is for their main home or an investment. For example, inheritance tax and the family home is complex, as is managing capital gains on buy to let property. Our expert team can help.
Stuart is a tax specialist and heads the North East tax practice of RSM. Stuart’s particular expertise is in business structuring, capital tax planning and taxation of professional practices.
Rupert is a Tax Director based in our Southampton office and heads our specialist Capital Allowances service for the Southern region.