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Property tax

UK property tax has become a lot more complex in recent years. Without the right advice, you could make costly mistakes or overlook tax-saving opportunities.

At RSM, our dedicated real estate tax team provides expert guidance across the full tax lifecycle, helping property developers, investors, landlords and fund managers manage risk and stay compliant. Whether you’re acquiring property as an investment or for business use, your tax position will vary depending on how the asset is held, and choosing the right structure is key.

Recent tax developments also make it crucial to revisit existing ownership arrangements to ensure they remain fit for purpose. If they don’t, we’ll work with you to identify more suitable, tax-efficient alternatives aligned with your commercial goals.

How our property tax team can help

Our team supports both UK-based and cross-border clients, combining in-depth sector knowledge with hands-on experience to deliver tailored advice and practical solutions. We will uncover potential opportunities and shape a strategy that supports your long-term success.

We can support you with tax compliance, including corporation tax return filing and advice, non-resident landlord returns, annual tax on enveloped dwellings (ATED) returns and guidance, and residential property developer tax (RPDT) filing and reporting.

Our team will ensure accurate and timely submissions while providing practical advice tailored to your needs.

We advise on stamp duty land tax (SDLT) for corporate and individual matters, including higher rates for additional dwellings (HRAD) claims, partnership incorporations, anti-avoidance, transfers between groups, trusts, and individuals, and corporate restructuring. We also offer SDLT due diligence expertise.

We offer support across all UK stamp tax regimes, including land and buildings transaction tax (LBTT) and land transaction tax (LTT), the Scottish and Welsh equivalents of SDLT.

We support clients across the commercial property lifecycle, from acquiring second-hand or newly developed buildings to constructing, refurbishing or extending premises.

Capital allowances remain a key tax relief, covering plant and machinery, and structures and buildings allowances. Our detailed reviews ensure accurate and optimised claims.

We also advise on land remediation relief, which offers up to 150% corporation tax relief on qualifying costs for cleaning up contaminated land.

We advise our clients on acquisition planning, structuring, due diligence and restructuring. We work closely with our VAT, SDLT, private client and capital allowances specialists to deliver integrated, practical support tailored to each transaction.

Our experience spans UK and overseas investors, developers and constructors, helping them navigate complex transactions with confidence.

Our specialist VAT advisory team supports clients with the complex VAT rules impacting the real estate and construction sector. This includes advising on the VAT considerations of property acquisitions and disposals, lease arrangements and construction projects.

We work with our direct tax colleagues to advise on strategic, tax-efficient structures, and assist clients to manage their ongoing VAT obligations by offering practical insights on topical issues such as the domestic reverse charge.

The construction industry scheme is a tax deduction and reporting regime that can apply to contracts that include construction operations. The rules are complex, and ensuring compliance is essential to avoid unexpected liabilities and operational disruption. Our experts can provide tailored advice to identify your obligations and help you stay compliant.

We can also assist with registrations, the preparation of returns, verification, and other ongoing compliance.

Contact our property tax specialists

Our experts understand the commercial and tax complexities of the property industry. We’ll help you find effective solutions to your tax issues, whether you’re an investor or developer.

Get in touch to find out how our dedicated property tax team can help your business.

authors:peter-graham,authors:irfan-butt,authors:adrian-benosiglio