Benefits and Drawbacks of De-Enveloping UK Property
The article explores the practice of de-enveloping residential properties in the UK, discussing the benefits, such as ATED and ROE exemptions, cost savings, and simplified administration, while addressing drawbacks, including higher tax rates, SDLT liabilities, CGT implications, and legal complexities.
A Complete Guide to Tax on Rental Income UK
This article provides a detailed guide on the taxation of rental income in the UK, covering aspects such as the calculation of tax for individual landlords, changes in interest relief, reporting requirements to HMRC, and specific considerations for limited companies...
De-enveloping UK Property : Tax and Regulatory Considerations
This comprehensive guide discusses the process of de-enveloping UK property from offshore corporate structures, outlining regulatory changes, key tax considerations, available de-enveloping options, and the required documents, emphasising the importance of professional advice throughout the process.
Land Remediation Tax Relief: Qualifying Expenditures
This article explores the UK's Land Remediation Relief (LRR), offering tax deductions for qualifying expenditures in the cleanup and redevelopment of contaminated land, making it a valuable incentive for businesses involved in environmental remediation.
Advice on Maximising Your Save on Stamp Duty
This article discusses ways to save on Stamp Duty Land Tax (SDLT) when purchasing a UK property, including utilising First Time Buyers Relief, negotiating the purchase price, and exploring opportunities with Multiple Dwellings Relief.
Land Remediation Tax Relief – Maximising Financial Advantage
This article explores the UK government's Land Remediation Relief (LRR) tax credit, offering deductions of up to 150% for qualifying expenditures on remediating contaminated or derelict land. It provides significant financial advantages for property owners, developers, and even loss-making companies.
Freezer Shares & Growth Shares in Family Investment Companies
This article discusses the appeal of Family Investment Companies (FICs) to high-net-worth individuals, focusing on their role in tax and succession planning through the incorporation of growth and freezer shares for balancing current equity preservation and future value appreciation.
Real Life Example of Land Remediation Relief in Action
This article discusses Land Remediation Relief (LRR), a UK corporation tax relief for businesses buying polluted land, enabling a deduction of up to 150% of cleanup costs. It highlights a recent Court of Appeal ruling, exemplified by the case of...
Taxable Benefits | The Role of P11D and P11D(b) Forms
In this article, we discuss how UK businesses utilize P11D forms to report non-cash benefits and payroll for cash benefits to HMRC. The details encompass various aspects such as cars, van benefits, living accommodation, and more, with an online submission...
