Services to the property industry - Publications

Property alert - December 2011

Proposed changes to the real estate investment trusts (REITs) regime have been incorporated into the draft Finance Bill 2012 as issued on 6 December.

Property alert - January 2012

Identifying capital allowances can add significantly to cashflow benefits for profitable businesses. Draft legislation has been issued announcing changes to the process for claiming capital allowances on fixtures that, if implemented, will significantly increase compliance pressure on property transactions from April 2012.

Services to the property industry

Smith & Williamson’s Property Group provides bespoke and innovative advice to clients across the real estate sector. If your organisation requires guidance and support, we can help.

Briefing note: Property Investors – Have you claimed all your capital allowances?

The note highlights expected future deadlines for making capital allowance s198 elections in respect of fixtures.

Annual property survey 2011

Last year George Osborne heralded the age of austerity and earlier this year launched Project Merlin. We now seem to have drifted into the age of uncertainty, which is having a detrimental impact on confidence. The results of our survey into sentiment within the UK property industry suggest that more magic is needed.

If you would like to request a copy of the full report, please email us.

Services to the property industry

The real estate industry is facing a number of complex challenges for individuals and companies alike. We understand the tax and accounting issues you face.

The Smith & Williamson property group provides a director-led, cross-discipline approach.

Property bulletin - Summer 2011

In this issue: Impact of the Budget - Tax and the property sector :: Non-residents – tax aspects in purchasing UK residential property - Direct property ownership or ownership through an offshore company? :: NAMA – the story so far - 18 months and €81bn in loans :: Changes to the REIT regime on the horizon - The Chancellor is looking to improve the way in which the REIT system operates.

Briefing note: Flat conversion allowances (FCA)

This briefing note describes the capital allowance relief available for certain conversions and renovations of flats existing above business premises.

Briefing note: Business property renovation allowances

This Briefing Note describes the favourable capital allowance relief available for conversion or renovation of certain unused commercial property into business premises.

Briefing note - Managing your VAT payments through the Credit Crunch

This briefing note sets out some areas that businesses should consider to minimise the cash flow impact of VAT payments in the current economic climate.