Property Professionals

A property tax adviser looks at how you own, finance, let and eventually sell or pass on property, then shapes those choices around the tax outcome you want. That covers whether to hold property personally or in a company, how to buy, how to extract profit and how to plan a disposal. Good advice happens before a transaction, when there are still options, not when the return is due.

Speak to a specialist when a decision is about to change your tax position: a third or fourth property, a purchase through a company, a planned sale, a move abroad or a wish to pass property to children. Your accountant keeps your compliance in order. A tax adviser works on structure and timing, and the two work well together.

Income tax or corporation tax on rent, capital gains tax or corporation tax on gains when you sell, Stamp Duty Land Tax when you buy, VAT on commercial property and inheritance tax on death. Each has its own rates, reliefs and deadlines, and they interact. A change that saves one tax can create another, so we plan them together.

It depends on your income, how much borrowing you have, whether you want to extract profit and your plans for the next generation. Companies are not subject to the finance cost restriction, but moving existing property in can trigger CGT and SDLT. For new purchases the choice is simpler. We model both routes with your numbers before recommending one.

Outside Scotland, rental profits are added to your other income and taxed at 20%, 40% or 45%. Mortgage interest on residential lettings is not deducted as an expense. Instead you get a tax reduction at 20% of the finance costs. From 6 April 2027 separate property rates of 22%, 42% and 47% apply in England, Wales and Northern Ireland, which makes planning more important.

Section 24 stops individual landlords deducting mortgage interest and other finance costs from rental profit on residential property. You get a basic-rate tax credit instead. A landlord with high borrowing and other income can pay tax on profit they never really made. Companies are outside the rule, which is a major reason landlords consider incorporating.

For 2026/27, individuals pay 18% on gains that fall within the basic rate band and 24% above it. The annual exempt amount is £3,000. You must report and pay within 60 days of completion of a UK residential property sale. Companies pay corporation tax on gains instead, with no annual exempt amount.

Yes. In England and Northern Ireland the surcharge on additional dwellings is 5 percentage points above the standard residential rates for purchases from 31 October 2024. Companies buying a dwelling also pay the higher rates, or a 17% flat rate on dwellings over £500,000 unless a relief applies. Scotland and Wales have their own taxes.

No. Multiple dwellings relief was abolished for transactions with an effective date on or after 1 June 2024, apart from contracts exchanged on or before 6 March 2024. Buying six or more dwellings in one transaction can still be treated as non-residential, which can be a significant saving. The rules are technical, so take advice before exchange.

Not any more. The furnished holiday lettings regime was abolished from 6 April 2025 for income tax and capital gains tax, and 1 April 2025 for corporation tax. Holiday lets now sit within the ordinary property rules, including the finance cost restriction. Some transitional rules and reliefs apply to disposals or cessations soon after the change.

A company can claim capital allowances on plant and machinery in commercial property and on qualifying fixtures, and on structures and buildings if conditions are met. Allowances are not available for plant in residential dwellings, with limited exceptions such as communal areas. Claiming properly on a purchase can bring forward valuable relief.

You may need to register for the Non-Resident Landlords Scheme so rent is paid gross or tax is withheld, file a tax return, and report any UK property sale to HMRC within 60 days even if no tax is due. A non-UK resident also pays a 2% SDLT surcharge on residential purchases in England and Northern Ireland.

Yes, a SIPP or a Small Self-Administered Scheme can buy commercial property, including premises your own company trades from, which then pays rent into the pension. Residential property is not allowed without tax charges. Pension rules are strict and unauthorised payments are heavily taxed, so we work alongside your scheme administrator and financial adviser.

HMRC will ask questions about a return, usually on rental income, a property sale or SDLT. Do not respond alone. We review what HMRC is asking, assess your exposure, and handle the correspondence. Where there is an error, an early and well-prepared disclosure usually leads to a better outcome than waiting for HMRC to find it.

Property is usually valued in full within the estate, and residential let property rarely qualifies for business relief because HMRC treats property rental as investment. The residence nil-rate band only helps where a property was once your home. Planning typically involves gifting, trusts or a Family Investment Company, each with its own tax costs.

Making Tax Digital for Income Tax requires digital records and quarterly updates. It applies from 6 April 2026 if your 2024/25 gross self-employment and property income was over £50,000, from April 2027 if 2025/26 income was over £30,000, and from April 2028 if 2026/27 income was over £20,000. Jointly owned property has special rules.

We work under your existing relationships. Your accountant keeps preparing returns and accounts, your solicitor handles the conveyancing, and we advise on the tax structure and timing. We communicate directly with them so nothing is lost in translation. Many of our property clients are introduced by their accountant or lender.

No. Our clients range from landlords with a handful of properties to developers and owners of commercial buildings, including those with larger portfolios. What matters is whether a decision is large enough to justify getting the tax right. A single sale or purchase can be, and the first call is free so you can find out.