Alex Makinson
Associate Director, UK
Insights
The Built Environment
UK HMRC changes its view on VAT recovery of cladding remediation works
Housebuilders that have voluntarily carried out cladding remediation work welcome HMRC's change of stance
14/03/2024
Read time
2m
Tax
Spring Budget 2024: UK government confirms introduction of the Reserved Investor Fund – albeit in restricted form
The new investment fund vehicle could increase the attractiveness of the UK for real estate funds
11/03/2024
Read time
2m
The Built Environment
Spring Budget 2024: Chancellor ends multiple dwellings relief for stamp duty land tax
Following HMRC's evaluation that it no longer meets its original objectives and is open to abuse, the relief will be...
11/03/2024
Read time
2m
Tax
Autumn Statement 2023 confirms UK's Construction Industry Scheme reforms
The government is to implement changes to the deduction scheme from April 2024
06/12/2023
Read time
3m
Tax
HMRC updates VAT guidance on early termination fees and compensation payments
The new policy will apply from 1 April and provides much-needed clarity on supplies related to construction and real estate
11/02/2022
Read time
4m
Tax
HMRC publishes its response to the call for evidence on simplifying the VAT land exemption
HMRC is to publish improved guidance on certain aspects of the VAT exemption for land and property but will not...
14/12/2021
Read time
2m
Tax
Residential Property Developer Tax: what is it and who is in scope?
There is more certainty around details of the new Residential Property Developer Tax, but onlookers must wait for the chancellor's...
15/10/2021
Read time
3m
The Built Environment
Osborne Clarke responds to call for evidence on Simplifying the VAT Land Exemption
We welcome the government's proposals to simplify the complex VAT rules for land and property but we urge caution that...
03/08/2021
Read time
1m
Tax
HMRC publishes call for evidence on simplifying the VAT land exemption
Proposals for simplification could mean a radical overhaul of the VAT exemption for land and property and those impacted by...
17/06/2021
Read time
3m
Tax
VAT on early termination fees and compensation applied to real estate transactions, HMRC updates
Change regarding VAT will no longer be retrospective and will apply from a 'future' date, although uncertainty remains
28/01/2021
Read time
2m
The Built Environment
Build-to-rent investors set to benefit from tax change on mixed use properties
A recent change in HMRC guidance indicates that the SDLT 3% surcharge should not apply to a multiple dwellings relief...
16/12/2020
Read time
2m
