Property development and investment

No matter how big your portfolio you’ll want to know that you advisors are completely up to date with the latest tax developments.

"You are fantastic!"

Richard Webster, Managing Director, Wirralrent

As well as preparing your accounts and tax computations we can provide assistance in the following areas:

• The advantages and disadvantages of holding property in a limited company.
• Tax implications when property is sold – Capital Gains Tax, Principle Private Residence relief (PPR) and other tax reliefs available to individuals.
• The recent changes restricting mortgage interest relief for buy to let landlords.
• Inheritance tax implications of owing investment property.
• Stamp duty land tax and associated planning.
• Retirement planning and passing on the family wealth.

Recent governments seem to ‘have it in’ for landlords, with the restriction of tax relief on mortgage interest and the stamp duty surcharge when investment property changes hands. It has never been more important to carefully consider the options available when acquiring or disposing of property, or indeed for those with existing portfolios. Substantial amounts of tax can be at stake. Property tax law is notoriously complex, and it is very easy to unwittingly make an expensive mistake. At DK, we are able to guide you through the minefield leaving you free to concentrate on running your portfolio.

"I think you have done a first class job with the accounts, thank you."

Karl Bergh MRICS, Managing Director, Longmeadow Estates Limited