Budget 2016 – UK Real Estate Aspects

The Budget was announced on 16 March 2016. Some of the key changes affecting UK property include:

Stamp Duty Land Tax (SDLT) on Commercial Property
SDLT on Additional Property
Annual Tax on Enveloped Dwellings
Capital Gains Tax
Property Development
Inheritance Tax on UK residential properties owned through non-UK companies
Reduction on Loan Interest Relief
New Register of Beneficial Ownership

Read a copy of our Briefing Note entitled “Budget 2016 – UK Real Estate Aspects” to find out more, or contact a member of our Wealth Planning or Real Estate teams.

 

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