Capital Gains Tax Holdover Relief | Gift Holdover Relief
Capital Gains Tax Holdover Relief provides a strategic method to defer taxes when transferring assets at a reduced rate or as gifts, offering financial flexibility for businesses and individuals.
Let Property Campaign- Tax Errors When Renting Out Property
Renting out property brings potential tax implications often overlooked. The Let Property Campaign addresses common errors, urging landlords to declare rental income from diverse scenarios like inheritance, joint ownership, and unexpected rental situations, emphasizing the need for compliance and proper...
A Complete Guide on Residential Property Developer Tax
The Residential Property Developer Tax (RPDT) is a 4% tax on profits above £25 million from residential property development, integrated into Corporation Tax. It targets specific activities tied to housing development, with criteria and relief provisions dictating its application.
Understanding Gross Development Value (GDV) in Property Development
Discover the factors that influence GDV and how it can help you secure financing, attract investors, and ensure profitability.
The Significance of Optimal Business Structure in Property Development
The article advises property developers to consider their goals, resources, risk tolerance, tax obligations, financial goals, scale of projects, long-term plans, and professional assistance before deciding on the best business structure for their venture.
Community Infrastructure Levy (CIL) – A Complete Guide
The Community Infrastructure Levy (CIL) in the UK offers a transparent funding mechanism for essential infrastructure in growing regions, placing responsibility on developers while promoting fairness and local community benefit. Despite its benefits, criticisms include increased development costs and administrative...
A Short Guide: Planning Permission in UK
In the UK, planning permission is essential for new constructions, alterations, or changes in building use, overseen by the Local Planning Authority. Permitted Development allows exceptions, and the application process includes submissions, public consultations, and appeal options. The National Planning...
