Property Tax Essentials

Businesses and individuals dealing with property development and investment may incur a wide range of tax liabilities, from the annual tax on enveloped dwellings to value added tax. Property lawyers advising such clients need to understand the essential aspects of these numerous and complex taxes. Property Tax Essentials is a concise, clearly presented and up-to-date guide to the taxes applicable to property businesses and the tax points which apply to property transactions. This book, intended primarily for non-tax lawyers, provides: an overview of the applicable taxes and the issues for business structuring a guide to tax issues arising from property development a guide to tax issues arising from property investment. Features such as tables, flow charts, decision trees and checklists will enable quick identification of the relevant tax issues and aid understanding of when to recommend specialist advice. Lawyers will also benefit from a convenient source of HMRC guidance in the appendix.