De-enveloping – Real Estate Aspects
The government has been trying to discourage the purchase and holding of UK residential property by non-UK using a company structure - historically for privacy reasons or to manage their exposure to UK inheritance tax (IHT) by making numerous changes to the taxation of UK residential property.
The process by which the property is extracted from the company is colloquially referred to as “de-enveloping”.
Please read the attached bulletin which focuses the Real Estate aspects of this process.
De-enveloping – Real Estate Aspects - 2.0 MB
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