Welcome to Practical Property Investment - Chanda.

To get the best out of property investment you need to know how the venture will be taxed throughout its life cycle. This title helps with those decisions as it sets out the tax issues to be considered at each stage of investment: acquisition of properties, running the portfolio, and disposal or re-structuring of the investment vehicles.

It also highlights the tax traps in property investment, which tend to be VAT and ATED. Either of those taxes can apply in the most surprising situations, and the penalties for not submitting a return on time, or not paying the tax when due, are significant. As ever with tax law, ignorance of a liability is not a reasonable excuse for non-payment.

All serious property investors, and their financial advisers and accountants, will find this title helps them to understand the tax implications of investing in property, as an individual, partnership, company or trust.

It is written in plain English which makes it accessible to all. The author has included numerous examples and diagrams to illustrate that what may appear to be the obvious answer is not the case when you work through the numbers.

About the author

Satwaki Chanda is a tax lawyer with a First Class degree in Mathematics. His experience covers a variety of matters, including corporate transactional work, advising entrepreneurs and SMEs, investment funds and real estate planning.

Called to the Bar in 1992, he originally specialised in commercial litigation, but switched to tax in 1998 when he joined a Big Four accountancy practice. He has also worked for City law firms but is now a freelance author. He has contributed to various practitioner textbooks.