A friendly, approachable team with excellent technical knowledge.
We have a detailed understanding of all areas of real estate tax - including VAT and stamp duty land tax. Our lawyers can advise on the most effective way of structuring transactions so as to minimise any tax liabilities and avoid unforeseen tax traps.
Penningtons Manches Cooper regularly provides guidance on the real estate tax elements of large-scale, high value transactions. We act for a wide variety of clients, ranging from large institutions and registered providers of social housing to leisure companies and property entrepreneurs. Our team is used to working to tight timescales and clients value the speed, commerciality and clarity of our advice. These attributes, coupled with our technical expertise, mean that we can quickly get to grips with the most pressing issues.
We are able to obtain any necessary tax clearances and rulings from HM Revenue and Customs, ensuring that these are secured as swiftly and efficiently as possible. Our service includes dealing with VAT registrations and options to tax. We provide a seamless process when handling transfers of property concerns.
Our specialists are also experienced in managing VAT disputes. We can correspond and negotiate with HM Revenue and Customs on your behalf in order to obtain a favourable result.
Advising the shareholders of Camberley Auto Factors, Southern England's leading motor factor and distributor of quality motor spares, on the sale of the company. We assisted on all real estate tax issues, working closely with the clients throughout.
Representing Aviva Investors Pensions Limited on the purchase of the freehold title to a £30 million supermarket development which also included social housing accommodation. We were responsible for VAT and capital allowances advice on this complex transaction.
Acting for a FTSE listed fund manager during the sale of a Home Counties industrial estate. Our real estate tax team provided advice on minimising VAT liability relating to the deal.