Lucy Mangan – Business Tax Partner
Property considerations are highly likely to arise in all businesses whatever sector they operate in. The relevant issues are wide ranging, and they may arise regularly or just at certain times during a business’s life cycle.
Whether acquiring residential or commercial property, which is to use in the business or as an investment, there are many issues to consider not least the tax position.
The tax landscape in relation to property has changed dramatically over recent years with various tax rule changes and obtaining advice can ensure efficient tax structuring and that reliefs, e.g. capital allowances, are maximised.