In a recent presentation on property tax, I said that the key to many issues in property tax is to focus on those situations where no tax is payable at all. From there, you start to unravel the topic along with many planning opportunities and complications.

The starting point is to consider which entities pay no tax on property income and gains. These include the following more typical examples.

Pension funds

Pension funds come in various shapes and sizes. Almost every reader is likely to have some involvement in a pension arrangement. This may be a large corporate fund, a small Self-Administered company scheme or Self-Invested Personal Pension Scheme.