Briefing

Budget 2012 – some practical points on property ownership

Posted by : Debbie Pennington | Date posted : 18/04/2012

In our recent briefing, Budget 2012: Wealth taxes by the back door?, we highlighted some of the significant changes to the taxation of UK residential property that will affect wealthy international clients.  Now the dust has settled (a little!), we are considering the impact of the changes and the following issues in particular:

 1. What steps should be taken for existing structures?

 2. How should high value properties be owned in the future?

 

If you require further information on anything covered in this briefing please contact Russell Cohen (russell.cohen@farrer.co.uk) or Debbie Pennington (deborah.pennington@farrer.co.uk) in the International Private Client Team or Edmund Fetherston-Dilke (edmund.fetherston-dilke@farrer.co.uk) in the Estates and Private Property Team (or your usual contact at the firm on +44 (0)20 3375 7000).