Author Description

In the UK, the structuring of property transactions is one of the most difficult areas of tax planning, and this leading book, written by a well known practitioner with over 30 years' experience in the field, explains the UK law clearly, with an emphasis on practical application. Key issues, such as the distinction between dealing transactions and investment transactions are covered, as are all relevant UK taxes, including council tax and landfill tax. This essential book provides clear advice and information covering all elements of the taxation provisions relating to land transactions. Easy to use, lucid, and highly practical, Property Taxes 2014/15 will enable tax practitioners to find the answers to their tax planning questions quickly, and help keep their clients' tax liabilities to a minimum. Everything one needs to know on property taxes can be found in this book, including: rents * premiums * relief for interest payable * investment or dealing? * tax aspects of property dealing companies * tax aspects of property investment companies * problems of development * refurbishments * allowances for capital expenditure * tax on chargeable gains * business occupation of property * private residences * artificial transactions in land * use of overseas companies to acquire UK properties * real estate investment trusts * VAT * inheritance tax * stamp duty land tax * stamp duty * council tax * landfill tax.