Tax on Property

Investing in bricks and mortar has always been viewed as a good long-term investment. If you own, or are considering purchasing, a second property we can advise you on the tax implications. 

Take a look at the sections below for advice on some of the tax issues you might need to consider.

Taxation of second properties

Depending how you are planning to use your second property there are different tax implications to consider.

More on taxation of second properties

Buying a second property

We can help with all aspects of buying a second property, from the purchase to leases, tax planning and annual tax returns, to protecting your asset for your family’s future.

More on buying a second property

Selling or gifting a second property

If you are considering selling or gifting a property other than your primary residence you may be liable for Capital Gains Tax (CGT) on any profit made. There are, however, many ways to reduce your tax bill on selling a second property.

More on selling or gifting a second property

Contact us

Contact Stephanie Dodds, Tax Manager, for help and advice on managing the taxation due on your properties.