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Property tax

Expert commentary and practical guidance from ICAEW related to the taxation of property in the UK regime, covering areas such as: ATED (annual tax on enveloped dwellings), business rates and stamp duty land tax.

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Overpayments of CGT following self assessment

Self assessment tax return filers who have also submitted a capital gains tax (CGT) UK property return may end up in an overpayment position. ICAEW’s Tax Faculty recaps the process for claiming a CGT repayment.
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Exclusive

TAXguide 10/21: A guide to principal private residence relief

Questions around the tax treatment of someone’s principal private residence (PPR) arise with frequency and all too often the answer is not as straightforward as might first appear. This guide considers the core rules, the traps and the key items to be aware of to help clients through this area of tax law.
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TAXguide 15/20: CGT UK property disposal reporting

The requirement for UK residents to report and pay capital gains tax (CGT) on disposals of UK residential property separately from the self assessment tax return was introduced in April 2020. The deadline is 60 days for all completions on or after 27 October 2021.
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Practical guidance

ICAEW's Tax Faculty produces TAXguides to provide practical support on technical areas of tax.

Exclusive TAXguide 10/21: A guide to principal private residence relief
  • Helpsheets and support
  • 28 Apr 2021
Questions around the tax treatment of someone’s principal private residence (PPR) arise with frequency and all too often the answer is not as straightforward as might first appear. This guide considers the core rules, the traps and the key items to be aware of to help clients through this area of tax law.
TAXguide 15/20: CGT UK property disposal reporting
  • Technical release
  • 15 Sep 2020
The requirement for UK residents to report and pay capital gains tax (CGT) on disposals of UK residential property separately from the self assessment tax return was introduced in April 2020. The deadline is 60 days for all completions on or after 27 October 2021.
TAXguide 11/20: IHT on overseas property representing UK residential property
  • Technical release
  • 29 Jun 2020
An update to guidance from ICAEW, STEP, CIOT and The Law Society on areas of uncertainty in the statutory provisions for Inheritance Tax on Overseas Property Representing UK Residential Property introduced by Finance Act (No 2) Act 2017.
TAXguide 15/17: Inheritance tax - business property relief and groups of companies
  • Technical release
  • 07 Sep 2017
In TAXguide 15/17, the Tax Faculty has published correspondence between Emma Chamberlain and HMRC relating to the availability of business property relief (BPR) in complex group structures. It extends the guidance offered by TAXguide 05/11 on inheritance tax and BPR.

Features and articles

Expert commentary and practical guidance from ICAEW related to the taxation of property in the UK regime, covering areas such as: ATED (annual tax on enveloped dwellings) and stamp duty land tax.

Business property taxes, including business rates, can now be found on their own page.

Member reaction to the Budget: ‘Nothing for growth’
  • Article
  • 28 Nov 2025
ICAEW members deliver a muted response to the Chancellor’s raft of announcements, but express relief that there were no unexpected surprises for business.
Budget: Key changes to income tax administration, payments and penalties
  • Article
  • 27 Nov 2025
Easements for Making Tax Digital (MTD) for income tax, penalty reform announcements and changes to self assessment payments.
Budget: businesses dodge tax bullet, but costs will still bite
  • Article
  • 26 Nov 2025
The Chancellor delivered a raft of small tax changes, rather than any big tax increases. But despite no increases in business taxes, the Budget offered few reasons to be cheerful.
Budget: Taxes on property, savings and dividends increased
  • Article
  • 26 Nov 2025
The rates of income tax on savings, property and dividend income will increase by two percentage points and owners of high value homes will face a new council tax surcharge.
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Webinars and recordings

 
Tax Talk with Rebecca Benneyworth: Part II
  • Webinar
  • 12 May 2021
This session with Rebecca Benneyworth will focus on furnished holiday let (FHL) tax, tax admin framework, capital gains tax 30 day rule and environmental taxes.
Exclusive Changes to CGT on residential property
  • Webinar
  • 17 Mar 2020
PwC's Gillian Banks, Vicky Smallwood from PKF Francis Clark and Frank Haskew, Head of ICAEW Tax Faculty, explain the new rules on capital gains tax (CGT) on residential property.
TAXbite: Rent a Room Relief
  • Webinar
  • 01 Nov 2019
This free TAXbite explains the rules for rent a room relief and how to apply if you or your client qualifies.
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Markel Tax FAQs

Questions and answers on UK tax issues and trends provided by Markel Tax, for eligible members.

Exclusive Criteria to qualify for qualify for First Time Buyer’s Relief on SDLT
  • Helpsheets and support
  • 02 Sep 2025
FAQ about the whether a client's son would need to meet, to qualify for First Time Buyer’s Relief from Stamp Duty Land Tax (SDLT) on the property he is looking to buy.
Exclusive SDLT and sole ownership
  • Helpsheets and support
  • 05 Dec 2023
FAQ on whether a married couple, who live jointly in a house owned solely in the wife's name, can avoid paying the higher rates of stamp duty land tax, if they buy their new property solely in the husbands name, whilst keeping the original property to rent out.
Exclusive Spouse transfer and private residence relief
  • Helpsheets and support
  • 02 Nov 2023
FAQ onthe new rules regarding disposals made between married or divorced couples who are no longer living together on or after 6 April 2023.
Exclusive SDLT and non-UK company shareholders
  • Helpsheets and support
  • 01 Sep 2023
FAQ about whether the additional 2% rate of stamp duty land tax for non-residents will apply to a limited, UK-registered property letting company, whose shareholders moved out of the UK in the previous tax year and are now non-residents for tax purposes.
Exclusive Affect of second property on SDLT
  • Helpsheets and support
  • 09 Jun 2022
FAQ on whether a client who is currently in the middle of selling their main home and purchasing their new home, will be affected by an additional SDLT percentage, as they also own an additional residential property which they rent out to tenants.

Markel Tax FAQs are correct at the time of going to press. To check current validity, please call the ICAEW Tax and VAT Helpline.

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Bloomsbury Accounting and Tax Service

Eligible firms have free access to Bloomsbury Professional's comprehensive online library, comprising around 80 titles from some of the country's leading tax and accounting subject matter experts. Find out who is eligible and how you can access the Accounting and Tax Service.

Exclusive Transaction taxes, including stamp taxes
  • eBook chapter
  • 2025
  • Jonathan Legg
  • Revenue Law
A chapter on transaction taxes in the UK, covering Stamp Duty Land Tax (SDLT), Land and Buildings Transaction Tax (LBTT), Land Transaction Tax (LTT), Stamp Duty Reserve Tax, (SDRT), and stamp duty on stock and marketable securities.
Exclusive Property tax planning
  • eBook
  • 2025
  • Zeeshan Khilji
  • Property Tax Planning
A comprehensive guide to property tax, highlighting available tax planning opportunities as well as potential pitfalls.
Exclusive Capital allowances on plant and machinery
  • eBook chapter
  • 2025
  • Zeeshan Khilji
  • Property Tax Planning
Guidance on capital allowances for plant and machinery, highlighting tax planning opportunities and potential pitfalls.
Exclusive VAT and trading premises
  • eBook chapter
  • 2025
  • Zeeshan Khilji
  • Property Tax Planning
Guidance on VAT in relation to trading premises, highlighting property tax planning opportunities.
Exclusive Land and Buildings Transaction Tax 2025/26
  • eBook
  • 2025
  • Graeme Connell
The only comprehensive guide to Land and Buildings Transaction Tax (‘LBTT’) in Scotland, acting as a useful guide to accountants and other professions dealing with transactions involving commercial and residential properties in Scotland. This title has been thoroughly reviewed and revised for 2025/26.
Exclusive Bloomsbury Professional Tax Guide
  • eBook
  • 2025
  • Graeme Connell, et al.
  • Bloomsbury Professional Tax Guide
Comprehensive practical guide on the full range of UK taxes, containing worked examples throughout. This latest edition is up-to-date with Finance Act 2025, recent changes to HMRC guidance and relevant case decisions.
Exclusive Land and property
  • eBook chapter
  • 2025
  • The TACS Partnership
  • Bloomsbury Professional Tax Guide
A chapter on UK taxation of land and property, containing worked examples.
Exclusive Property investment
  • eBook chapter
  • 2025
  • Satwaki Chanda, Jacquelyn Kimber, Andrew Parkes
  • Corporation Tax
Expert commentary on the current UK corporation tax legislation related to property investment.
Terms of use

You are permitted to access, download, copy, or print out content from eBooks for your own research or study only, subject to the Acceptable usage terms.

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eBooks

The ICAEW Library & Information Service provides a collection of eBooks as a benefit of membership. Please log in to access these titles. If you are unable to access an eBook, please see our Help and support or contact library@icaew.com.

Exclusive Property income
  • eBook chapter
  • 2024
  • Malcolm James
  • Taxation of Small Businesses
An overview of taxation of property as it pertains to small businesses in the UK, determined by the Income Tax (Trading and Other Income) Act 2005 and other legislation. This chapter has sections on the basis of assessment, relief for capital expenditure, losses, and furnished holiday lettings (FHLs).
Exclusive Capital Gains Tax and chargeable gains
  • eBook chapter
  • 2024
  • Malcolm James
  • Taxation of Small Businesses
A detailed chapter on Capital Gains Tax, intended for advisors to small businesses. Includes sections on exemptions, reliefs, offsetting, allowable costs, valuation of assets, and more. Some points are illustrated with worked examples.
Exclusive Estate planning: stamp duty and stamp duty land tax
  • eBook chapter
  • 2024
  • Lesley King
  • Private Client Wills Trusts and Estate Planning
A section outlining the stamp duty and stamp duty land tax issues which one ought to be aware of when advising a client on estate planning. Includes consideration of exceptions and reliefs.
Exclusive The National Non-Domestic Rate
  • eBook chapter
  • 2023
  • IBFD
  • Global Corporate Tax Handbook
A short section providing an overview of the National Non-Domestic Rate (NNDR) — commonly known as 'business rates' — in the UK. Includes coverage of how business rates are calculated, and the various reliefs available.
Exclusive Capital gains
  • eBook chapter
  • 2023
  • Telegraph Media Group
  • The Telegraph Tax Guide
A chapter summarising the basics of Capital Gains Tax — what it must be paid on, rates of tax, and relevant allowances and reliefs. The author gives tax saving tips, and illustrates points with real-world examples.
Exclusive Inheritance Tax
  • eBook chapter
  • 2023
  • Telegraph Media Group
  • The Telegraph Tax Guide
A chapter summarising the basics of Inheritance Tax — what it must be paid on, rates of tax, and relevant exemptions and reliefs. The author gives tax saving tips, and illustrates points with real-world examples.
Exclusive Stamp duty land tax
  • eBook chapter
  • 2021
  • Malcolm James
A short overview of stamp duty land tax (SDLT) payable on UK land transactions, with a brief note on stamp duty reserve tax (SDRT).
Exclusive Lease premiums
  • eBook chapter
  • 2021
  • Malcolm James
A short note explaining how to calculate lease premiums under property tax.
Terms of use

You are permitted to access, download, copy, or print out content from eBooks for your own research or study only, subject to the terms of use set by our suppliers and any restrictions imposed by individual publishers. Please see individual supplier pages for full terms of use.

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Articles and books in the ICAEW Library collection

The collection of the ICAEW Library & Information Service includes a range of articles, books and reports on property tax. A selection of recent books on this topic is set out below.
Tolley's taxwise, 2025-26
  • Library book
  • 2025
  • T. Agnew, et al.
  • LexisNexis
An annual two-volume set offering practical expert guidance on how to approach real-world tax computations. Brings together relevant points from current legislation, case law and other official material. Worked examples and detailed explanatory notes are included to illustrate complex points.
Tolley's estate planning, 2025-26
  • Library book
  • 2025
  • Tolley
  • LexisNexis
This book considers all aspects of estate planning, demonstrating how to formulate strategies for the provision, holding and devolution of personal and family resources. It includes numerous practical planning suggestions, a practical step-by-step case study, and worked examples and tables.
Tolley's property taxation, 2025-26
  • Library book
  • 2025
  • Tolley
  • LexisNexis
A guide to all relevant taxes and how these taxes can interact, providing authoritative answers to all your queries. Covers property investments, development, redevelopment, refurbishment and maintenance, Islamic funding structures, and more.
Tolley's stamp taxes, 2025-26
  • Library book
  • 2025
  • P. Cannon
  • LexisNexis
An annual book providing in-depth but straightforward coverage of Stamp Duty Land Tax (SDLT), the Annual Tax on Enveloped Dwellings (ATED), stamp duties and Stamp Duty Reserve Tax (SDRT).
Using a property company to save tax, 2025/26
  • Library book
  • 2025
  • C. Bayley
  • Taxcafe UK
This book covers all the expenses property companies can claim, how to save tax when you extract money from your company, and all the tax reliefs that can be claimed when properties are sold. For those thinking about setting up a property company, the guide looks at all the tax benefits, pitfalls, and practical issues, including how to get existing properties into a company.
Principal private residence relief: principles and case law
  • Library book
  • 2025
  • J. Mindell
  • LexisNexis
A brief digest examining principal private residence (PPR) relief. Covers key principles, as well as relevant legislation and tax cases.
Tolley's orange tax handbook, 2025-26
  • Library book
  • 2025
  • R. Cordara (ed.)
  • LexisNexis
Annual two-volume work containing the latest indirect tax legislation. It includes up-to-date legislation and technical material relating to value added tax, stamp taxes, insurance premium tax, landfill tax, aggregates levy and climate change levy.
Tax considerations for individuals coming to the UK: property and business
  • Library book
  • 2025
  • M. Barnes
  • LexisNexis
A short digest covering taxation issues likely to be of interest to new arrivals to the UK. Covers matters including property purchases, taxation of property income, disposal of property, use of companies and trusts to assist in personal tax planning, starting a business, and closing a business.

To find out how you can borrow books from the Library please see our guide to borrowing books.

You can obtain copies of articles or extracts of books and reports through our document supply service.

Representations

ICAEW REP 068/25 Draft Finance Bill 2025/26 Legislation: Reforms to Agricultural and Business Property Reliefs
  • Representation
  • 15 Sep 2025
  • PDF (274kb)
A representation dated 15 September 2025 to a consultation published by HMRC Treasury on 21 July 2025.
ICAEW REP 030/25 Reforms to inheritance tax reliefs: Consultation on property settled into trust
  • Representation
  • 29 Apr 2025
  • PDF (555kb)
A representation dated 23 April 2025 to a consultation published by HMRC on 27 February 2025.
ICAEW REP 022/25 Transforming business rates
  • Representation
  • 13 Mar 2025
  • PDF (220kb)
A representation dated 3 March 2025 to a consultation published by HM Treasury on 30 October 2024.
ICAEW REP 005/25 IHT on pensions liability - reporting and payment
  • Representation
  • 22 Jan 2025
  • PDF (632kb)
A representation dated 22 January 2025 to a consultation published by HMRC on 30 October 2024.

Watch a Tax Faculty webinar

Webinars and videos have been designed by the Tax Faculty to provide practical guidance to practitioners on important developments to tax practice and policy.

You can register for Tax Faculty webinars by visiting our events page.
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Useful links

Some resources that we link to may pre-date the latest amendments to the relevant tax regulations. While these links contain useful information, please treat them with appropriate caution.

Land Transaction Tax
  • Website
  • 29 Apr 2024

Our range of guidance and services for Land Transaction Tax and Landfill Disposal Tax.

Land and Buildings Transaction Tax
  • Website
  • 29 Apr 2024

LBTT is a tax applied to residential and commercial land and buildings transactions (including commercial properties and commercial leases) where a chargeable interest is acquired.

Business rates in Northern Ireland
  • Website
  • 21 Feb 2024
Information on business rates in Northern Ireland from nibusinessinfo.co.uk, a free service offered by Invest Northern Ireland.
Business Rates in Wales
  • Website
  • 21 Feb 2024
Non Domestic Rates (NDR) are also known as business rates and are taxes to help pay for local services. These are charges on most non domestic properties. If you pay business rates, your property may be eligible for business rates relief.

ICAEW accepts no responsibility for the content on any site to which a hypertext link from this site exists. The links are provided ‘as is’ with no warranty, express or implied, for the information provided within them. Please see the full copyright and disclaimer notice.

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Some of the content on this web page was provided by the Chartered Accountants’ Trust for Education and Research, a registered charity, which owns the library and operates it for ICAEW.