Elizabeth Small writes for Taxation on Residential Property Developer Tax

Skyscrapers stand prominently against a blue sky with scattered clouds, surrounded by lower buildings. The tall structures feature modern glass facades, creating a skyline in an urban setting.

Tax Partner, Elizabeth Small, has authored an article for Taxation entitled ‘Learning from the past’.

The Grenfell Tower tragedy led the government to announce a £3.5 billion fund to fix dangerous cladding on high-rise buildings and loans to leaseholders in lower-rise buildings.

Elizabeth explains that the government has proposed that the loan scheme be paid for by the residential property industry – partly through a new Residential Property Development Tax (RPDT).

In her article, Elizabeth answers key questions for developers following the announcement, including:

  • Who will pay RPDT?
  • What is considered ‘residential’?
  • What is profit?
  • How will RPDT work in practice?

Read the full article on Taxation.

A person, smiling, wears glasses and a striped top with pink trim, standing against a blurred, softly lit indoor background.
Author

Elizabeth Small

View profile