Property & Landlords
As a property owner, developer or investor it’s crucial you have the right advice on the tax implications of buying and selling property as well as on ever-changing tax legislation. Owning any form of property is a significant matter for any client. If you have multiple homes or property then you need to ensure the structure and ownership is in line with your personal circumstances and future plans.
It is important to manage the tax consequences when you come to sell or give it away, most of which can be done in advance with careful planning. Our team of experts are on hand to ensure that your property transactions are tax efficient.
We can help:
- Recommend the appropriate structure for commercial and residential property ownership and disposal.
- Quantify the impact that reduced income tax relief on finance costs for buy to let landlords will affect your particular situation and the options available.
- Assess the impact of tax changes and the availability of tax reliefs.
- Work with you to ensure that gains are maximised and tax is mitigated where possible.
- Ensure options to tax are in place where appropriate and the VAT treatment of transactions is correct.
- Minimise exposure to SDLT and utilise tax relief where available.
- Formulate appropriate strategies to maximise the wealth passed down to beneficiaries and minimise exposure to IHT.
- Prepare and file CGT returns on property disposals within the deadline of 60 days from completion.
Make an Enquiry
To enquire about the business and accounting services that we offer in St Albans, Hertfordshire, and surrounding regions, contact our office today on 01727 750000 or email us at office@gilberts.uk.com.