Category: Construction & Real Estate

Money Laundering Crackdown on Estate Agents

March 2019

HMRC have recently been cracking down on estate agents who do not comply with the money laundering regulations. HMRC officers visited 50 estate agents across England as part of a week-long crackdown after they were suspected of trading without being...

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House Price Growth – September 2018

January 2019

The Office for National Statistics have recently released the House Price data for September 2018. House prices have still been edging up in most areas, albeit that the overall annualised increase over the last 12 months is lower than the...

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VAT Treatment of Residential Service Charges

January 2019

Many occupants of residential property are required to pay service charges in respect of shared costs for the estate or building in which they live. It is common for the person responsible for managing and collecting these service charges to...

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Capital Allowances for Construction Companies

January 2019

The Autumn 2018 Budget saw the chancellor give with one hand and take away with the other in many areas of taxation, with significant changes being announced to the Capital Allowances regime. By and large the new policy changes were...

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2019 Construction Sector Predictions

January 2019

“A week is a long time in politics” is a famous quote attributed to British Prime Minister Harold Wilson which now seems more relevant than ever. Given this was said many years before the invention of the internet and Britain’s...

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Real Estate Matters – Issue 11

January 2019

Our Construction & Real Estate team have worked together to provide a national outlook on the issues facing the construction and real estate sectors. Issue 11 of Real Estate Matters contains articles on our 2019 predictions for the construction sector, a capital allowances...

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Construction Opportunities

November 2018

The 2018 Budget has come and gone, and we are now back to the daily debate of Brexit. However, let’s not forget the Budget as there were areas of good news that need to be exploited. Although one would not want...

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UK Property Tax

October 2018

Income Tax – Non-Resident Landlord A property owner, whether an individual, trust or company has to pay income tax on rental income earned from properties in the UK. The basic rate of tax (20%) will usually be deducted by the...

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Process of Purchasing a Property

October 2018

When purchasing a property in the UK, you will need to use a solicitor or conveyancer to finalise the purchase. In addition to the legal costs, there are also other costs that need to be considered: Any valuation or (building)...

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Property Investment in the UK

October 2018

The UK’s decision to leave the EU, following the referendum on 23 June 2016 is commonly known as Brexit, the UK is due to depart on 29 March 2019. Brexit has heavily influenced the property investment market, in the UK....

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