Financial Skills: Tax: Property: Taxation of Property Transactions

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Course Overview

This one day course will provide a very practical overview of the majority of taxation aspects relating to transactions in property. The course will cover the full range of taxes which will apply, including their application, interaction and planning points. Recent developments in both relevant case law and legislation will be included together with a detailed discussion and review of several topical and relevant case studies. A basic working knowledge of the major taxes will be assumed.

Course Outline

• Taxation aspects relating to income from land and buildings
• Taxation aspects relating to leases
• Buying and selling properties -the taxation implications and planning
• Capital allowances review
• Practical property tax case studies
• Reverse premiums
• Trade or investment
• Commercial aspects
• VAT implications and link with stamp duty land tax
• Stamp duty land tax implications
• The claiming and planning relating to industrial buildings and other capital allowances, including 'plant' in buildings
• Anti-avoidance legislation and traps
• Liquidation aspects
• Schedule A property transactions
• VAT and property
• Corporate aspects
• Transferring properties within a group
• Long life assets
• Property tax planning
• Case studies
• Planning gains and supplements
• REITs
• General overview

Financial Skills: Tax: Property: Taxation of Property Transactions / CM9592