Tax considerations have a huge impact on property transactions, be they complex developments, construction projects, one-off acquisitions or group re-organisations. We advise on the full range of property taxes, most commonly on VAT, the option to tax and Stamp Duty Land Tax (SDLT) and frequently on issues surrounding capital allowances, capital gains considerations, the Construction Industry Scheme and issues for Non-Resident Landlords. We have considerable experience of lease financing structures and capital allowances planning, including numerous transactions for life companies and two Millennium Projects. We also acted on the first ever REIT conversion to be listed on the Channel Islands Stock Exchange.
We advise upon property, commercial and private tax issues for companies and other corporate structure, partnerships, individuals, charities and trusts. The Taxation team provides a service driven by the needs of our clients, giving us experience of a wide range of taxation issues. We advise on transactional taxes on property and corporate deals, such as projects, developments, acquisitions and joint ventures, as well as ongoing matters such as group reorganisations and options over land. We also advise the individuals behind the structures, on issues such as tax-efficient exit planning, private and charitable tax planning, the use of trusts (onshore and offshore) and the benefits and burdens of non-domiciled status.