We can provide practical and commercial advice in relation to any real estate tax issue. We work together to bring transactions to an efficient conclusion, and understand that tax can have a real impact on the viability of your real estate project or transaction.
We can advise across a range of real estate taxes from transaction taxes, such as VAT and Stamp Duty Land Tax (SDLT), to wider issues concerning direct tax issues, the Construction Industry Scheme (CIS), capital allowances and tax relief for cleaning up contaminated land.
Sound technical knowledge matched by a willingness to understand client needs and offer pragmatic solutions.
THE LEGAL 500
VAT on real estate transactions and construction projects can be a technically complex area, and we can help clients navigate the VAT rules whilst always keeping in mind their commercial objectives.
We have a range of experience acting for developers, investors and occupiers not only on third party transactions but also in relation to ongoing portfolio management and group re-organisations.
Residential property issues can often crop up in commercial real estate projects. Our expertise includes advising on the complex SDLT implications of residential property tax transactions and on the Annual Tax on Enveloped Dwellings (ATED) charge for residential property held in a company, as well as successfully dealing with challenges from HMRC.
It is often in the real estate arena where we frequently advise on more specialist areas of taxation, such as compliance with the CIS, tax reliefs for investing in Freeports and the impact of the various “green” taxes (such as Landfill Tax and Land Remediation Relief).