In contrast to recent years, when there has been plenty for real estate tax lawyers to feast on, this Autumn Statement was fairly quiet.
Full expensing -
After a prolonged period of time-limited, enhanced reliefs,...more
Underneath the headline points, the Budget contained a number of measures designed to fulfil the Chancellor’s objective of encouraging growth and investment. There was broadly good news for those investing in UK real estate....more
3/20/2023
/ Budgets ,
HMRC ,
Interest Rates ,
Investment Funds ,
Real Estate Investments ,
Real Estate Market ,
REIT ,
Sovereign Wealth Funds ,
Spring Statement ,
Tax Deductions ,
Tax Rates ,
UK ,
Value-Added Tax (VAT)
The UK government is consulting on bringing overseas sovereign investors in UK real estate within the scope of UK direct tax from April 2024 as part of measures amending the scope of the sovereign immunity tax exemption. ...more
The UK and Luxembourg have renegotiated their double tax treaty. The new treaty has been published, but is not yet in force. Significant changes have been made to the capital gains tax article amongst other provisions....more
It was a relatively light Budget for the real estate sector. Highlights included the long-awaited announcement of the rate of the residential property developer tax and some reform of business rates....more
10/28/2021
/ Autumn Statement ,
Business Taxes ,
Capital Gains ,
Consultation ,
Investment Funds ,
Popular ,
Property Owners ,
Property Tax ,
Real Estate Development ,
REIT ,
Residential Property Owners ,
Stamp Duty Land Tax ,
Tax Rates ,
UK ,
Value-Added Tax (VAT)
This is likely to be a key reflection when considering the details issued in July about the new UK holding company regime for “qualifying asset holding companies” (QAHCs). The new regime is intended to make the UK more...more
As part of an initiative to promote UK funds the government is proposing a beneficial new tax regime for asset holding companies (AHC) in investment fund structures. This is intended to make the UK a more competitive location...more