Property Tax Planning, 13th Edition

Part A Property Investors
1 Acquisition of a property through a non-UK resident company 
2 Property ownership through a non-UK resident trust 
3A Relief for finance costs incurred by individuals, trustees and non-UK resident investment companies 
3B Finance costs for UK property investment companies 
4 Repairs, renewals and improvements 
5 Stamp duty land tax 
6 Capital allowances on plant and machinery 
7 Capital allowances on specialised buildings 
8 Holding investment property through a company 
9 Premiums received 
10 Letting as a trade 
11 Capital gains planning: properties held at 31 March 1982 
12 Capital gains planning: the indexation allowance 
13 Capital gains planning: deferring a sale 
14 Capital gains planning: selling the company rather than the property and the further possibility of selling to a UK REIT 
15 Enterprise Investment Scheme deferral relief and Seed EIS CGT Exemption 
16 Planning for losses: capital losses and surplus management expenses 
17 Planning for losses: transfer of property to a dealing company 
18 VAT planning for property investors 
Part B Property Dealers and Developers 
19 Tax relief for reductions in property values 
20 Reclassification of trading stock as investment property 
21 Tax planning on the transfer of trading stock 
22 Tax relief for finance costs 
23 Acquiring a trading company with tax losses 
24 Selling shares in a property trading company and anti-avoidance provisions 
25 Construction Industry Scheme 
26 VAT points for property developers 
Part C Trading Premises 
27 Premium relief on the acquisition of a short lease 
28 Tax relief for finance costs 
29 Capital allowances on plant and machinery 
30 Capital gains planning: replacement of business asset (‘roll-over’) relief 
31 Capital gains tax planning: entrepreneur’s relief for individuals and trusts 
32 Capital gains planning for companies: exemption for sales of substantial shareholdings 
33 Tax-free statutory compensation 
34 Construction Industry Scheme 
35 VAT and trading premises 
Part D Private Residences 
36 Motive for acquisition of a residence 
37 Main residence election where more than one property is owned 
38 Land and buildings included with a residence – maximising the exemption 
39 Converting, reconstructing or refurbishing a main residence 
40 Main residence: taking advantage of the exemption for the last three years of ownership 
41 Temporary absences: preserving the exemption 
42 Taking advantage of the exemption on let property 
43 Main residences: periods before 31 March 1982 
44 Rent a room: income tax exemption on part letting of a main residence 
45 Expense deductions for business use of home 
Appendices
Appendix I Items of Expenditure on Buildings and Structures Qualifying and Non-Qualifying as Plant/Integral Features (CAA 2001, Part 2, Chapter 3) 
Appendix II Construction operations for the purposes of the Construction Industry Scheme