Property Tax Services

Owning real property is a significant matter for any client. If you have more than one home or property you need to make sure that it is owned in the right way for you. It is important to manage the tax consequences when you come to sell or give it away.

Our services include:

• Advice on your obligations under the UK tax system should you live overseas and invest in the UK property market, including how this links with the system of your home country
• Exploring your options with regards as to whether a property should be owned by an individual, a trust or a company so you can make an informed decision as to what is best for you and your particular situation
• Advice on tax reporting for property issues to help you anticipate what is needed to prevent you incurring late filing penalties, particularly as there can be deadlines as short as 30 days

The UK has recently extended rules on Inheritance Tax to include charges for non UK trusts and companies owning UK real property and also indirect interests such as loans used to acquire or improve a property. Our aim is to ensure you do not face any unexpected liabilities and that you can effectively manage your cash flow and liquidity.