Unfortunately it is not within our remit to give tax advice. There may be tax implications and so we suggest you contact a tax specialist.
Lease extension can be a difficult process. We recommend you get professional help from a solicitor and surveyor with experience in this area.
More information you might find useful:
- HMRC – Helpsheet 292 – Land and leases, the valuation of land and Capital Gains Tax (external link)
- More Frequently Asked Questions on Lease Extension
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