Hub: Property tax
To ensure you receive expert property tax advice, Gravita has a dedicated in-house team with significant experience in property tax issues.
UK property businesses have specific needs. For example, they are strongly affected by capital gains tax (CGT) and changes to CGT policy can fundamentally alter the viability of a business. Similarly, they often need support with planning around stamp duty land tax (SDLT), capital allowances, inheritance tax and allowable expenses. Handled carefully, it is possible to reduce the impact of the above, and more, to increase the overall profitability of your property business.
What you need to know
Our specialists work with everyone, from buy-to-let landlords, to property developers, managing agents and real estate developers. In every case, their focus is the same: ensuring your property investment portfolio is as profitable as it can be and your property tax liability is under control.
So, whether you are a lone property, buying and refurbishing residential properties, or part of a syndicate managing commercial units, if property is your business, or your property business requires expansion, consolidation or re-organisation, our experts can assist you with:
- Capital allowances
- Property ownership structure advice
- Revenue tax relief and tax efficient funding
- Land remediation tax relief
- Stamp duty land tax
- Making tax digital
- Let property disclosures to HMRC
- Property inheritance tax and capital gains planning
- Maximising recoverable VAT
- Property tax related negotiations with HMRC
- Non-domicile property tax issues
Property tax
Property tax is a complex and constantly changing subject, made more difficult by obscure legislation. Given widespread property ownership in the UK, tax issues can have significant consequences for many individuals and they also have a big impact on the many businesses related to the property industry.
As such, effective tax planning is a serious challenge for anybody investing in property, or developing or managing properties because there is no standard solution to minimise tax. Instead, a bespoke strategy is required to match expectations with achievable goals.
Estate agents, architects and more
As well as property owners and developers our property tax team specialise in advising estate agents, surveyors, architects and large construction companies.
For estate agents, that might mean managing payroll across multiple branches, including commission calculations and administration. Architects and construction firms, meanwhile, might want advice on making claims for research and development (R&D) tax relief.
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Getting started
If you are a landlord, property investor, property developer or multi property real estate investor and you would like to discuss how Gravita’s property team can support your property-related business, or to arrange a free initial consultation, we’re here to help.
Get in touch to discuss your plans.