Publisher's Synopsis
Now in its third edition, this book aims to provide a complete sourde of information on how to handle land transactions and property administration so that tax payments are kept to a minimum. Essentially practical, it discusses all possible tax planning opportunities.;Tax planning ideas are highlighted and explained in every chapter and the text has been substantially revised and updated to include all relevant 1988 Finance Act changes. It discusses the implications of the EEC decision on VAT for property transactions, includes information on PINCS and the "Neville Russell" and "Gleneagles" cases, while separate chapters deal with inheritance tax, capital gains tax, income tax, VAT and stamp duty. There is also a check list to ensure all tax aspects of a particular transaction are considered and full use is made of worked examples to explain tax planning schemes.;The work is designed for solicitors, accountants, property developers and owners, property managers, chartered surveyors, land and estate agents.