Charles Beer Senior Partner in KPMG's Real Estate Tax Practice looks at the key issues in the Budget relating to the property industry
In a Budget which was remarkable mainly for its lack of excitement and new initiatives there was very little aimed specifically at the property industry. We should perhaps be grateful for a respite from the barrage of changes that we have seen in recent years. Of course a number of the broader changes will affect property and property owners and I will draw attention to some of these. However generally speaking there was little that could not have been predicted or had not indeed already been announced.
Capital allowances
The...
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Charles Beer Senior Partner in KPMG's Real Estate Tax Practice looks at the key issues in the Budget relating to the property industry
In a Budget which was remarkable mainly for its lack of excitement and new initiatives there was very little aimed specifically at the property industry. We should perhaps be grateful for a respite from the barrage of changes that we have seen in recent years. Of course a number of the broader changes will affect property and property owners and I will draw attention to some of these. However generally speaking there was little that could not have been predicted or had not indeed already been announced.
Capital allowances
The...
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