In the last issue of FOG magazine (2012, Issue 2) Farrer & Co looked at the proposed changes to the taxation of high value residential property in the UK that appeared in the Budget published the pre-vious March. At that time there was still uncertainty over a number of issues, not the least of them being who exactly would constitute a “non-natural person” for the purposes of the new proposed SDLT and CGT charges, as well as the annual charge. Overlying all other consid-erations at the time was what, if anything, to do about the new taxes assuming they were implemented as origi-nally proposed.
Here, Farrer & Co follows on from their original article to provide a brief sketch of the changes that produced the final outcome.
Matthew Norman, Investment Manager, Tellus Investment Partners LLP explores why active management and key country/sector decisions are essential to successful investing in Latin America.
Farmland has proved to be an attractive investment on a global scale, but a knowledge of the risk involved is still essential. Savills’ Clive Beers looks at the range
of opportunities in rural investments.
