Disposing of your main home – Part 1

Many people would naturally assume that a sale of their main home is free of capital gains tax. There are however a number of potential…

Three steps to calculate your VAT cost

In this blog, I’m going to explain how to calculate the “VAT cost” of your property development. The “VAT cost” is the difference between the…

Property Tax: Will your profits be subject to income or …

On the disposal of a property it is likely that a profit or loss will arise. This profit or loss will be taxable as income…

VAT 1614D: the FAQs

Last time I explained that you can buy certain commercial property VAT free for residential use/conversion by using the VAT 1614D procedure. You can use…

Property Tax: Different ways to acquire and own investment property

When UK resident investors are considering how to hold new investment property acquisitions the main options available are to hold the property personally, via a…

The “option to tax” and residential conversions

If you’re thinking of buying an old commercial property to convert to residential use, you need to read this blog. It will explain how you…

When is a conversion not a conversion?

Whether you’re planning a new property development or some sort of residential conversion, you probably already know that the VAT issues are quite difficult. Although…