Reserved Investor Fund (RIF): A new tax-transparent fund for professional investors, launched in March, offering gains and stamp tax exemptions.
Carried Interest Reform: From April 2026, carried interest will be taxed as trading income (~34.1%), potentially lowering the tax burden for real estate fund managers.
Scottish LBTT Proposals: A planned consultation may introduce LBTT reliefs for fund structures, aligning with SDLT and encouraging Scottish investment.
SDLT Threshold Cuts: Residential SDLT thresholds were reduced in April 2025, reversing 2022 increases.
Tribunal Rulings:
A quay wall qualifies for plant and machinery allowances.
An SDLT refund was allowed beyond the 12-month deadline under a broader 4-year rule.
VAT CGS Threshold: The land expenditure threshold for the Capital Goods Scheme rose from £250,000 to £600,000, easing compliance for smaller projects.
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