VAT and real estate tax
VAT continues to grow in complexity. Challenges to the VAT
treatment of fund management charges, fundamental changes to the
place of supply rules, the possibility of claims for compound
interest on overpaid VAT and further changes by the UK Government
on planning schemes are just a few topical issues which you may be
faced with. Stamp Duty Land Tax (“SDLT”) is now a major cost of
large real estate transactions and in certain cases, a mitigation
structure is possible.
With so many challenges, accurate advice from lawyers you trust
and who understand your market is essential.
Our service
We advise on all aspects of VAT and work closely with our
real estate lawyers, advising on VAT,
SDLT and other tax aspects of real estate transactions. Real estate
taxation is a core tax specialism and one for which we are highly
regarded. We apply this skill and experience to minimise your tax
exposure.
SDLT mitigation structures have become a major feature of real
estate transactions in recent years. We have been very active in
devising and implementing these structures. In many cases, this has
enabled SDLT to be substantially reduced or avoided altogether.