Non-Domicile Taxation Update

Property Transactions

We have detailed knowledge of this subject and can comprehensively advise on the following essential points:

• Taxation of income from land and buildings including lease premiums
• Capital allowances on plant and machinery within commercial buildings
• Taxation aspects relating to leases
• Capital gains on buying and selling properties
• Taxation of reverse premiums
• Trade or investment
• VAT & property implications, including advice in relation to electing to waive exemption and alterations to listed buildings
• Industrial Buildings Allowances and other capital allowances
• Owning UK land and buildings through offshore structures

For further information please contact Robert Kern on 0208 207 0602.