Property & construction

The Construction Industry Scheme (CIS) was introduced many years ago to combat tax fraud in the construction industry. In the past year, the Scheme has undergone several changes.

Our property specialists give a round-up of the latest developments and tax changes for property owners

Landlords in England will need to adapt to a range of significant new rules if the proposed Renters’ (Reform) Bill becomes law in 2024.

In this article we reflect on the headwinds in the residential property development and lettings market – and spotlight the allowances and incentives available to help businesses navigate the right course.

Landlords holding property personally can risk hefty tax bills when transferring their portfolios into a limited company.

HMRC is alerting companies to re-check the valuations for their annual tax on enveloped dwellings (ATED) liabilities for residential property.

SBAs give a 3% annual tax relief for the cost of constructing new non-residential structures and buildings and new conversions or renovations

In many property renovation projects VAT is sometimes overlooked when the initial budgets and costings are being devised

The Government has announced changes to the rules for the notification of an option to tax land and buildings. This relates to the VAT treatment of commercial property.

In this article for Chestertons, Shipleys Tax Principal Mike Luckett gives a round-up of the latest tax changes which landlords should be alert to.

The new Residential Property Developer Tax came into effect from 1 April 2022, and sees profits of any residential development company exceeding £25m taxed at 4%.

The Government's temporary changes to the rules for the notification of an option to tax land and buildings have come to an end

New Construction Industry VAT accounting arrangements are coming into effect on 1 March 2021.

Find out whether it falls under the ATED routine.

The Government has published draft legislation for its plans for a 2% Stamp Duty Land Tax surcharge on non-UK residents

Deduction of property repair costs can reduce your taxable income.