Hi everyone

You know what its like.  You plod along day in day out doing the same old same old and then something happens that makes you take stock - not quite as radical as St Paul on the road to wherever but similar.

My Skype and email are forever full of requests from people wanting us to dig them out of some capital gains tax or inheritance tax issue in Spain - usually because they are selling, downsizing or a spouse, partner or parent has died.

That’s fine from my own business’s perspective, especially at the moment with everyone trying to legitimately squeeze every last penny out of every transaction they are involved in and how better to do that than by not paying tax?

But a guy called me last week from “Justsouth of London” (must be a big place coz an awful lorra people call me from there) asking me if there was a way he could buy a villa in Marbella without having to pay the 8% purchase tax…. and I realised that as that was what I had been doing for people who had already bought their properties and wanted to escape CGT and IHT then the method would work perfectly well for people starting the purchase process…. more to the point I could save the vendor the capital gains tax too in a double whammy. AND it wouldn’t cost them any more, and in most cases a lot less, than they would have paid for the purchase process going the regular route.

And then I thought “Well why don’t developers sell their properties with this protection built in?” and so that’s what I shall be doing this week calling as many developers as I can to sell them the concept, so if any of you know any developers or are developers then please get in touch - we can provide superb added value to their product whilst providing their purchasers with comprehensive protection against capital gains tax (when they sell the property later on) and inheritance tax (when they die) in Spain and the UK.

So the point of this post is to say of course there is help available for people already WITH property tax problems when they want to sell or downsize or resolve an estate with a Spanish property in it, but there’s a very tax efficient way of buying the property in the first place which measn that whatever then happens to the property and whoever might buy it in the future will be totally tax protected.

Oh, and the guy from Justsouth of London (or was that his name?) he is what we call “in process” at the moment.

Recession, what recession?