Getting the tax right on property transactions
We advise on the SDLT and VAT payable when commercial property is bought or sold, including whether VAT will be charged on the price because the property has been opted to tax, and whether the sale can be treated as the transfer of a going concern, which can take it outside the scope of VAT altogether.
Where property is held through corporate structures, we consider the tax implications of buying or selling the company rather than the property itself, and of moving property within a group.
Where property forms part of a wider deal, we work alongside our corporate and commercial property teams.
This supports clients across the real estate and property sector, as well as businesses for whom property is one part of a larger transaction.