Development situations can be the most complex of property transactions. They can involve a developer, a lending bank, an incoming tenant, a forward purchaser and government or a local authority. Very often the developer may work in partnership or joint venture with other developers or service providers.
Each of these will have their own tax positions and issues to take into account, all of which have to be factored into the eventual structure. At BKL we have years of experience of working through these issues to arrive at a solution which minimises acquisition taxes such as Stamp Duty Land Tax and taxes on sale.
We can help you structure your business tax efficiently. You can rely on our property experts to provide robust advice, tailored to your particular development situation.
For more information or help from one of our property and construction specialists, please contact us using our enquiry form.