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Property Tax
Whenever you hear the word “tax” you may instinctively reach for your accountant. The truth is, property transaction taxes have always been much more the domain of the tax lawyer. At Biggart Baillie we can demystify this world for you and unlock any solutions available in the ever-changing tax regime.
Biggart Baillie is one of the few Scottish law firms with a team dedicated to dealing with property tax issues and advising on what you must pay, how you must pay and when you must pay (and how to make it as little as possible!).
What we do
We advise on and continue to investigate the most efficient structures for transactions for tax purposes which at the same time remain commercially viable. Such advice in today’s property market is essential, not least following the introduction of the SDLT regime and the constant tweaking of that regime by the Chancellor. VAT is another moving target and your aim must be perfect if you are not to fall foul of the regulations whilst also at the same time making the most of them. And then there’s Capital Gains Tax, Corporation Tax...
Our property tax team are experienced in delivering everything from sophisticated investment vehicles such as off-shore unit trusts to basic tax planning all tailored to suit particular clients and their individual transactional needs. When doing so we liaise with accountants, funders and non-UK legal advisers to ensure a smooth path through to deal completion. Having experts in-house who continually educate themselves on the latest developments means we can monitor the pitfalls and opportunities that clients need to know about.
Contacts for Property Tax