Real estate transactions

This subtopic contains a core collection of Practice Notes, Precedents, Checklists and Tables that relate to common real estate transactions. The following types of transaction are covered in this subtopic:

1. •

   buying and selling property

2. •

   leasing property, and

3. •

   developing property

The content will be useful for those advising on the tax issues which typically arise on these types of transaction. This subtopic covers direct tax (corporation, income and capital gains tax (CGT)), stamp duty land tax (SDLT) and value added tax (VAT). Capital allowances, the construction industry scheme and capital goods scheme implications are also covered.

If you are setting up a property holding structure see our : Property holding structures and tax subtopic. For further details on the direct tax treatment of property ownership see our: Direct tax treatment of property ownership subtopic.

For more detail on the property law aspects of real estate transactions see our subtopics:

1. •

   Transferring Property

2. •

   Leasing property

3. •

   Property Development