We know that property investors have historically been attracted by the thought of a stable and secure income return and the potential for medium to long term capital growth. Investments of this nature can also provide a hedge against inflation; self-finance and enhance the return through leveraged acquisitions. We assist clients, by using our contacts with property consultants, in seeking properties that meet investment criteria which, in many cases, are capital growth.
Whilst the rewards can be huge, the historical vagaries of the property market are legend. Due to their complex nature, property transactions and the variety of ways in which property can be exploited, needs very careful planning to maximise the return on investment. The tax treatment of gains on property transactions depends upon the intentions at the time of purchase and their future use. We will advise you on the appropriate structure (which may involve an offshore company and/or trust) to ensure that tax legislation and the return on investment is maximised.
There are a number of other accounting, tax and business services we provide to our inward investor clients so as to remove the burden of administrative tasks .By acting as managing agents in regard to rent, expenses, VAT, banking and maintaining account records, clients can concentrate on their business rather than onerous administration. We supply annual financial statements and periodic reports to provide a detailed understanding of the investment. Where necessary, we will register clients for VAT and obtain HM Revenue & Customs’ approval for a non-resident landlord to receive UK rental income with no tax deducted at source.
For further information about how we can help you, please contact Pankaj Shah or Naresh Shah.
pankajshah@lubbockfine.co.uk
nareshshah@lubbockfine.co.uk
Tel: +44 (0)20 7490 7766