By Dipan Shah: The taxation of UK residential property has seen major changes in recent years, not least in the last 12 months. Although the impact of these changes is still filtering through the market, one thing is for certain – the tax cost and complexity associated with owning residential investment properties in the UK has significantly increased. Non-domiciled and non-resident individuals face even greater changes.
I was delighted to be invited by the Aga Khan Economic Planning Board as part of a panel discussion at the Ismaili Centre in South Kensington, to discuss what the future is for the London property market. The event was attended by around 300 property investors and developers, with experts from Savills, Prosperity Capital Partners and the PwC London Private Business tax team.
Read more at PwC in London
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