Dunn and Ellis

Property Tax

Property Tax

When buying or selling property, some of the taxes you need to consider are:

  • Income Tax/Corporation Tax including capital allowances
  • Capital Gains Tax
  • VAT
  • Inheritance Tax
  • Stamp Duty

Planning in advance will allow the most tax efficient structure to be chosen. However this is generally a balancing act.

For example the most efficient structure for stamp duty purposes may not be so efficient for capital gains tax purposes, therefore close consultation is required before any transaction takes place.