Our clients include the owners of many of the UK’s foremost historic properties, as well as valuable art and other heritage assets. Our experience in the taxation of heritage property means that we can provide first class advice to our clients on the numerous exemptions and reliefs available to them, as well as on meeting their tax return obligations.
These exemptions and reliefs from capital taxation can be complicated and keep changing. Old exemptions from estate duty (the forerunner of Inheritance Tax (IHT)) can also still be relevant and require regular review.
Our services include:
We work with the Political & Taxation Committee of Historic Houses (formerly the Historic Houses Association) and are involved in tax lobbying and not merely the status quo. We offer the services of our heritage expert, Mick Downs, who was formerly the technical adviser to HMRC’s Heritage Team.