Tax at up to 40%
and VAT at up to 17.5% are significant costs to any building project
or property transaction. However, valuable savings can be made
if the project qualifies for any of the various tax breaks offered
in the UK tax legislation.
Landmark PT, an independent tax consultancy run by Julian
Potts, ensures that property owners enjoy full entitlement to
these savings.
Opportunities include:
VAT savings for works to residential, charitable
and commercial buildings
Tax savings in the form of capital allowances
for commercial property occupiers and investors
Each tax relief has a host of conditions attached which need
to be satisfied and evidenced in a form acceptable to HM Revenue
& Customs. We have developed specialist expertise, procedures
and documentation to meet these requirements whilst keeping
fees competitive.
Landmark PT will:
- plan the tax or VAT position from the earliest stages of
any project
- use in depth technical knowledge and experience of the property
industry to remove the risk, uncertainty and speculation that
often surround complex, time critical property tax issues
- work rigorously to ensure we understand the project in detail
as the smallest factors may make a huge difference in terms
of tax saved
- be available to explain tax issues to clients, building
contractors and consultants
- provide detailed and fully supported cost apportionments
by combining our in house quantity surveying skills with a
detailed understanding of the requirements of the tax legislation
- keep up to date with the latest developments in property
taxation by actively contributing to the VAT Practitioner's
Group, the VAT committee of the British Property Federation
and the RICS tax policy panel
We are always happy to discuss a project or transaction to
see if our services would be beneficial. Please call on either
of the telephone numbers at the bottom of this page.