On-Demand Content

Session 1: Taxation and Property/VAT 

• Taxation of property and development:
  • The basics – how tax is levied – on income and gains throughout the property cycle
  • Taxes most frequently encountered by property owners and occupiers
  • The role of tax reliefs and allowances and the impact on cashflow and bottom-line performance
  • Trading and investing – the primary differences for tax and why they are important
  • The impact of tax on transactions
• VAT and the basics for property:
  • When does it apply and when not?
  • Taxable v exempt supplies and the applicable rates
  • When is VAT a real cost and what opportunities to mitigate the impact exist?
  • The Domestic Reverse Charge and the impact on the construction supply chain

• Capital Allowances on property development and ownership – cash benefits:
  • What is eligible and what rates apply
  • What expenditure qualifies for which types of property
  • How allowances can improve the profitability in refurbishments
  • Impacts of changes of ownership.  The importance of retaining data
• Structures and Buildings Allowances:
  • How the relief works
  • Tracking qualifying expenditure
• Plant and Machinery Allowances:
  • The pooling system
  • What qualifies
  • Identifying and preserving entitlements
• Lease incentives – the impact on landlord and tenant
• The benefits of early planning.  The problems of leaving things too late

• Land Remediation Relief and cash benefits:
  • Opportunities for developers and investors
  • Types of contamination and extent of remediation captured
  • Planning opportunities
  • What is recoverable – restrictions that apply
  • Brownfield regeneration – how overseas developers and investors now benefit
• R&D from a construction perspective and the impact on the supply chain:
  • What counts as R&D?
  • Capital and operational spend – types of relief available
  • R&D tax credits – qualifying expenditure and restrictions
  • Examples of qualifying activities
  • Planning opportunities