31 January 2018
According to the government’s quarterly stamp duty statistics, the additional 3 per cent Stamp Duty Land Tax (SDLT) charge aimed at people buying second homes or buy-to-let properties raised £2.05 billion stamp duty in 2017.
04 May 2016
A recent report from the National Institute of Economic and Social Research argues that tax subsidies for housing are causing households to concentrate on buying property at the expense of other, more economically productive, forms of long-term saving. It’s an interesting, albeit flawed, line of argument, but isn’t there one very important factor missing from their reasoning?
17 March 2016
Tax authorities love property. You can see it, value it and send tax demands to the occupiers. It was therefore no surprise that in his Budget 2016 speech, after years spent increasing the tax yield from residential property, the Chancellor turned his attention to commercial property.