Developing property is a very rewarding exercise, but there is a lot to consider and understand if you are going to get it right.
Not only do you need to identify if a site can physically be developed, what you are legally permitted to do with it, and whether it is financially viable, you need to understand the tax involved. I get many questions from clients about how development taxes work because it is a complex area, so I decided to write an e-book to provide some explanation.
This e-book covers some commonly asked questions and is a guide to help you identify the taxes that may apply to your situation. But that’s all it is – a guide. You should always seek expert professional advice about development tax, as there are many permutations, exceptions, and little-known areas of tax law that may apply.
The Property Development and Tax e-book is free for you to download - click here.
If you have any questions around development tax, please contact the team at GRA – we would be very happy to help you.
Property School gave me increased awareness of opportunities and pitfalls, insight into ways to move forward, confidence in the advice given - and the need to ask advice! I really enjoyed the down to earth approach and open-ness of methodology and many possible approaches brought together in the program. - Sue, November 2018
Investing in residential property?
If you're investing in residential property, seeking to maximise your ability to succeed and minimise risk, then this is a 'must read'.
Matthew Gilligan provides a fresh look at residential property investment from an experienced investor’s viewpoint. Written in easy to understand language and including many case studies, Matthew explains the ins and outs of successful property investment.