By its nature the buying, selling or development of land and buildings is a major undertaking. In recent times we have advised on the:
• Acquisition of agricultural land and buildings
• Development of agricultural buildings
• Acquisition of residential and commercial property
• Development of residential and commercial property
All these projects have had significant commercial and tax consequences including:
• Return on investment on development of rental properties
• Availability of Holdover or Rollover Relief on the Capital gain on the disposal of agricultural land
• Availability of Entrepreneurs Relief on the Capital Gains Tax on the disposal of land
• Availability of Principal Private Residence Relief from Capital Gains Tax
• Stamp Duty Land Tax consequences of linked land and building purchases
• Securing appropriate finance whether for the development of agricultural buildings, residential property or the acquisition of land and residential buildings adjacent to the family farm
• Considering whether to develop land or buildings or to pass them to the next generation either directly or in a trust prior to development
To find out more about how we can help with the buying and selling of land contact us today.