BDO UK Property Taxes Update

The last few years have seen a transformation in the landscape for the taxation of property ownership in the UK with further changes taking place (or being phased in) over the next few years.

Most owners of property, whether the property is held as trading stock or for investment, whether individuals or corporates or whether UK resident or non-UK resident will be affected by at least some of the changes. There is a clear trend, many more owners of UK property, particularly those based outside the UK, will be liable to UK tax on the profits they make from those properties.

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