The Department of Health has closed a tax loophole for contractors.
The move could save the government tens of millions of pounds on building PFI hospitals.
Contractors will have to pass straight to NHS trusts the benefits of a new scheme which will allow more generous tax allowances for special purpose funding vehicles commonly used to handle PFI contracts. It is likely to be extended to other PFI sectors if successful.
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Including:
A local private investor has snapped up the multi-let office for £6.1m
Agency sees group-wide rises for leasing and capital markets revenue
The refurb is set to deliver 250,000 sq ft of office space at 125 Shaftesbury Avenue
Fund house picks up city site from Nuveen
