The Inside View
Our weekly blog is designed to give you a complete insight into the world property surveying, from changes in government regulation to all the very latest news in property development.
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Avoid Paying A King’s Ransom For The Freehold Of Your Building
csmgadmin October 21, 2017 0 comments
Background: Imagine if you will a freehold mid terrace Victorian house arranged as 4 self-contained flats. The flats have been sold off on long leases with the freehold interest of the building owned by a limited company with each leaseholder owning a share of the company. The company is dissolved for not filing annual returns at Companies House and the -
Capital Gains Tax Payable by Non-UK Residents
csmgadmin October 17, 2017 0 comments
Historically properties in the UK owned by non-UK Residents did not incur Capital Gains Tax (CGT). However, from April 6th 2015 non UK residents will now be subject to CGT on disposal of assets including property. Any gain made prior to 6th April 2015 will not be chargeable. We recommend that non-UK residents should have their properties valued as at