Hi All
I have an off-shore (caribbean) Group of companies wanting to bring UK property into a new UK Group of companies, or possibly separate individual UK companies. There are several potential scenarios that we need advice on, which are bext explained directly.
I am happy to accept that the detailed in's and out's involved are beyond my knowledge.
Can anyone on here personally recommend someone who could deal with this (paying obviously, I am not expecting expert advice for free, other than the recommendation). Location not an issue, as presumably most correspondance can be done remotely.
Thank you
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Replies (9)
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Thank you David, have you used Patrick yourself?
No but I’ve always understood him to be one of the preeminent SD/SDLT experts. Obviously he will be very expensive so it depends how much is at stake as to whether he’s what you’re looking for.
We've dealt with a number of these, although they're never exactly the same as those dealt with previously, and there is no "one-size fits all".
The SDLT, CGT and IHT effects need to be considered, and there are frequently historic IT/CT, ATED and SDLT issues that get thrown up. So it's never going to be cheap.
Patrick Cannon and Philip Ridgway are the two pre-eminent specialists in Stamp Tax matters, although there are others that can handle this sort of thing. Both are experienced tax barristers, so expect them to be even less cheap.
I have advised on such "onshoring" of UK properties re all UK taxes (SDLT, CGT, CT etc.) It's not that complicated. www.ated.co.uk
Like PC and PR, I am a member of the STPG and lecture on SDLT etc.
