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KEYWORD "Property Tax" - 100 RESULTS
Buyers in Scotland still squeezed by property taxes

Property taxes in Scotland raised almost £640m over the past twelve months, according to analysis of the latest statistics by agency...

30 August 2024

From: Breaking News

Lender calls for Stamp Duty cut as receipts soar

Coventry Building Society has joined calls for Stamp Duty reform. The lender has urged Chancellor Rachel Reeves to address the controversial property...

22 August 2024

From: Breaking News

Labour and Tories may be hiding property taxes and more - claim

The manifestos of all major parties tell us little about their true tax and public service plans, a respected financial think...

25 June 2024

From: Breaking News

Industry Views - The one Property tax Labour really should change

In the later stages of an election when the Conservatives’ best chance of success is forcing an own goal by Labour,...

22 June 2024

From: Features

Property Tax - Labour on the ropes in key media interview

A Labour frontbencher has failed to explain why the party has no plans to reform council tax based, in most cases,...

14 June 2024

From: Breaking News

Industry Views - Labour Agrees New Housing Policies

You may not have realised, but yesterday, the new government’s housing policy was agreed. No, I’m not talking about the new ‘Freedom...

08 June 2024

From: Features

Chancellor commits to Family Home Tax Guarantee

Chancellor Jeremy Hunt has pledged not to raise Stamp Duty as part of a Family Home Tax Guarantee. Writing in the Daily...

07 June 2024

From: Breaking News

Scottish property taxes raise over £623m in last 12 months

Property taxes in Scotland exceeded £623m over the last twelve months according to analysis of the latest statistics by a leading...

25 May 2024

From: Features

‘Punitive’ Scottish property taxes aren’t deterring buyers (yet)

High property taxes in Scotland may eventually deter buyers, one of the country’s major agents has warned. Analysis by DJ Alexander has...

22 May 2024

From: Breaking News

Think tank calls for Oz-inspired housing ‘sin taxes’

The UK Government should make better use of property taxes to deter foreign buyers, boost property supply and raise tax revenue,...

20 March 2024

From: Breaking News

Spring Budget: Will there be help for housing?

Agents are hopeful of support for the property market in today’s Spring Budget. It could be the Chancellor Jeremy Hunt’s final fiscal...

06 March 2024

From: Breaking News

Agents hope for property tax review in Scottish Budget

Agents are hoping for further support for the housing market north of the border as the Scottish Government prepares to set...

18 December 2023

From: Breaking News

Rightmove: Stamp Duty cut could boost 72% of property listings

Almost three quarters of homes on the market would be exempt from Stamp Duty for home-movers if the Chancellor introduced a...

21 November 2023

From: Breaking News

Thinktank calls for Stamp Duty to be scrapped

The Institute for Fiscal Studies (IFS) has repeated calls for Stamp Duty to be scrapped as politicians prepare for party conference...

25 August 2023

From: Breaking News

Property tax grab up 50% in two years - agency chief’s claim

Property taxes collected in Scotland have risen nearly 50 per cent in just two years according to analysis of the latest...

11 August 2023

From: Breaking News

Stamp Duty - it's time for the industry to box clever

So much has changed in the world of property of late that it’s easy to be behind the times - and...

01 July 2023

From: Features

Government slammed by public over housing failures

A new survey suggests the overwhelming majority of the public are critical of the government’s apparent housing failures. A study of 1,323...

01 June 2023

From: Breaking News

Overseas buyers will help avert a property market crash - claim 

A property tax consultant has hit back at suggestions of a housing market crash, suggesting that overseas investors will help sustain...

15 December 2022

From: Breaking News

Scottish Budget: Leading agent calls for property tax overhaul 

The Scottish Government’s Budget this week is being described as an opportunity to help homebuyers and to make the country an...

14 December 2022

From: Breaking News

Propertymark backs devolved Stamp Duty for Northern Ireland

The Northern Ireland Executive should seek devolved powers over Stamp Duty, Propertymark claims. The agency trade body has urged the Executive to...

06 December 2022

From: Breaking News

Scottish property taxes may deter buyers as market slows - warning

Scotland may face “serious labour shortages” due to its relatively high property buying taxes compared with in England, a leading agent...

21 October 2022

From: Breaking News

Supply and mortgage costs remain an issue despite Stamp Duty cut

The confirmation of an immediate Stamp Duty cut last week may have meant delayed sales could complete, but there are concerns...

26 September 2022

From: Breaking News

Chancellor unveils permanent Stamp Duty cut

The much-rumoured Stamp Duty cut has been confirmed, increasing the thresholds before the property tax is paid. Delivering his mini-Budget this morning,...

23 September 2022

From: Breaking News

Property sector calls for targeted stamp duty cuts

Agents and other property professionals have, perhaps unsurprisingly, reacted positively to rumours of a Stamp Duty cut. Prime Minister Liz Truss and...

22 September 2022

From: Breaking News

Private rented sector not reason for fewer Scottish homeowners, agent claims

A leading agent has called on the Scottish government to reduce property taxes rather than freezing rents if it wants to...

13 September 2022

From: Breaking News

Government rejects ‘complex’ Stamp Duty changes

The government has rebuffed calls to assess whether different rates of Stamp Duty could incentivise property development or sales of energy...

07 September 2022

From: Breaking News

Buyers in Scotland ‘unfairly paying’ higher property taxes 

Fewer than 20% of Scots homeowners paid more than 83% of all house purchase tax north of the border, according to...

22 August 2022

From: Breaking News

Rising house prices help boost HMRC’s tax take

Rising house prices boosted HMRC’s coffers during the previous tax year. Analysts suggest the booming housing market has meant HMRC has attracted...

27 April 2022

From: Breaking News

Property tax alternative to stamp duty wins support of MPs

At least 18 MPs have come out in favour of a new annual Proportional Property Tax which would be levied on...

28 March 2022

From: Breaking News

The Coming ‘Budget’ - What’s In Store For Agents?

If you want to sex-up the Chancellor’s financial statement scheduled for lunchtime on Wednesday, you’d call it a Budget or a...

19 March 2022

From: Features

Message to HMRC and Government - stamp duty is outdated

The majority of homeowners and homebuyers believe Stamp Duty Land Tax is outdated and needs reform. The mortgage lender Butterfield commissioned an...

09 February 2022

From: Breaking News

HMRC: UK government’s property taxes produce falling revenue

The UK is reported to have dropped down the league table of governments that secure vast amounts of income from property...

04 January 2022

From: Breaking News

Budget 2021 aftermath - did the chancellor target property for tax revenue? 

In the Autumn Budget on Wednesday 27 October, very few impending tax hikes were revealed by the Chancellor Rishi Sunak –...

06 November 2021

From: Features

Autumn Budget: will Sunak’s pledges create opportunities for agents in the new-build sector?

At first glance, Rishi Sunak’s Budget speech earlier this week didn’t offer much from a property perspective. But digging down a little...

30 October 2021

From: Features

Budget: Details of business rate changes and new development tax

The Budget has proven more generous than many expected - and with most property taxation left unchanged. Chancellor Rishi Sunak has made...

27 October 2021

From: Breaking News

New property tax - government releases draft legislation

The government has released details of a new property tax. It’s the Residential Property Developer Tax, first announced at the start of...

11 October 2021

From: Breaking News

Property Tax Threat: Labour hints at rises to pay for social care

Labour leader Sir Keir Starmer has hinted for the second time that he is looking towards property to help fund his...

27 September 2021

From: Breaking News

Claim: property tax revamp could free up as many as 600,000 homes

The government has been warned that its much-talked about levelling up agenda is ‘doomed to fail’ without major reform of the...

22 September 2021

From: Breaking News

Property tax threat returns as government sets Budget date

Lost in the noise of yesterday’s social care announcements, Chancellor Rishi Sunak has named October 27 as his next Budget Day...

08 September 2021

From: Breaking News

Revealed - What Agents Should Watch For This Autumn

I’m sorry to break this to you but in 10 days’ time it will be autumn - and we will have...

21 August 2021

From: Features

HMRC targets property transactions after slump in tax income

HM Revenue & Customs is reported to be targeting recent home buyers after a slump in income from property taxes during...

13 August 2021

From: Breaking News

Agents to issue tax information to prospective buyers

Propertymark has worked with one of the UK governments to create an information sheet which, in virtual or hard copy firm,...

29 July 2021

From: Breaking News

Is This The Alternative To Stamp Duty?

There’s gathering momentum to do ‘something’ about the unfairness of council tax and stamp duty. This isn’t new in principle. Agents have...

24 July 2021

From: Features

Tory says “rich getting a free pass” on current property tax

A young Conservative says “the rich are getting a free pass” thanks to the current council tax system, and there should...

21 July 2021

From: Breaking News

New property tax demanded by MPs who want more money for councils

A group of MPs has suggested the government consider a “proportional property tax” to replace the current council tax, in a...

20 July 2021

From: Breaking News

Propertymark: your voice matters, make sure it’s heard

In an industry which is faced with constant changes in day-to-day practices and even more so given the Covid terrain which agents...

22 May 2021

From: Features

Scrap Stamp Duty and implement annual property tax - call

A think tank wants the government to scrap stamp duty and replace it with an annual property tax based on capital...

20 May 2021

From: Breaking News

New Property Tax - consultation begins on 'cladding' tax proposal

The government has launched a formal consultation process on a new residential property developer tax which is to contribute towards cladding...

30 April 2021

From: Breaking News

Stamp Duty reform would speed sales says another leading Tory MP

The MP leading a new parliamentary committee on the housing market says a radical reform of tax would help more people move...

06 April 2021

From: Breaking News

Multiple Dwellings Relief – what do property agents need to know?

Estate agents play a key role in identifying tax savings that can benefit all parties. If a purchaser can benefit from...

03 April 2021

From: Features

Tax Day was just a damp squib says leading industry analyst

The government’s highly-anticipated Tax Day was just a damp squib.  That’s the view of leading analyst Anthony Codling, who says the almost complete...

24 March 2021

From: Breaking News

Limited property tax proposals unveiled by government

Some 30 tax documents have been released by HM Treasury this afternoon - a mix of responses to past consultations, proposals...

23 March 2021

From: Breaking News

Big property tax increases may be held back until after Budget

It’s been revealed that some far reaching changes to property taxes may not be unveiled at Wednesday’s Budget and may wait...

01 March 2021

From: Breaking News

Phil Spencer: Budget rumours - pros and cons for agents

With just two days to go, it's fair to say the property industry is eagerly awaiting Chancellor Rishi Sunak's Budget statement...

01 March 2021

From: Breaking News

Stricter EPC targets will deter buyers from moving - warning

Propertymark has slammed government energy efficiency proposals as being “unrealistic, too simplistic and could deter people from moving home.” A formal consultation...

19 February 2021

From: Breaking News

Two new property taxes announced by Housing Secretary

The government has given details of two new taxes to provide funds to address the cladding problem on high rise tower blocks...

11 February 2021

From: Breaking News

Stamp Duty reform “very unlikely” says Conservative housing guru

An MP demanding a root and branch reform of property taxation, including scrapping stamp duty, says the chance of fundamental reform is...

11 February 2021

From: Breaking News

Stamp Duty may not be so bad after all, argues leading analyst

A housing market analyst says stamp duty, for all its unpopularity within the property industry, may not be so bad after...

08 February 2021

From: Breaking News

Calls grow to reform ALL property taxes, not just stamp duty

Pressure is building for widespread property tax reform beyond short term issues regarding stamp duty. Many MPs in this week’s 65-minute special...

05 February 2021

From: Breaking News

New Property Tax Grab: Wealth tax supporters repeat call for levy

A group that last year floated the concept of a one-off wealth tax - which would include taxing main homes as...

03 February 2021

From: Breaking News

Stamp Duty Debate As It Happened - What MPs Said

Labour and Conservative MPs have expressed a unanimous view on their desire to see an extension of the stamp duty holiday...

01 February 2021

From: Breaking News

Lockdown means viewings and sales will fall, says Phil Spencer

Property commentator Phil Spencer says lockdown - which we know will now last for another six weeks at least, and possibly...

28 January 2021

From: Breaking News

Dozens of Tory MPs demand stamp duty extension from Sunak

The Northern Research Group, which has the backing of over 50 Conservative MPs in the north of England, wants the Chancellor...

18 January 2021

From: Breaking News

MPs to debate stamp duty as Chancellor considers extension

Chancellor Rishi Sunak is considering an extension to the current stamp duty holiday according to media reports today - and the...

17 January 2021

From: Breaking News

Phil Spencer: What challenges lie ahead as 2021 gets underway?

Following a turbulent 2020 in which the property market and the professionals working within it excelled in the face of unprecedented...

04 January 2021

From: Breaking News

You guessed it…10 things to watch for in 2021

Here’s hoping you managed to have as good a Christmas and New Year as Covid rules allowed. Journalism in early January is...

02 January 2021

From: Features

Budget date is in time for U-turn on stamp duty holiday extension...

The next Budget will be held on March 3 next year - in time for Chancellor Rishi Sunak to change his...

18 December 2020

From: Breaking News

Capital Gains Tax hike may LOSE money, says investment chief

A leading property consultancy is suggesting that a possible increase in Capital Gains Tax could end up losing money for the...

10 December 2020

From: Breaking News

UK’s property taxes highest in world according to official figures

The UK has topped the rankings for the highest property taxes as a percentage of overall taxation in the developed world...

09 December 2020

From: Breaking News

Rural property benefits from Covid-19 and the property use revolution

The secure Conservative victory in the 2019 General Election meant the property market in the sunlit uplands was set for a...

28 November 2020

From: Features

Property tax rises and falling house prices coming in 2021

Property tax rises and falling house prices look as if they are on the way according to the small print accompanying...

26 November 2020

From: Breaking News

Sunak pledges new homes but does not hike property tax - yet

Chancellor Rishi Sunak has resisted changing any property taxes in the short term, but has used his Spending Review statement to...

25 November 2020

From: Breaking News

Sunak’s Big Day: “Don’t make knee-jerk property tax rises” he’s told

Today sees the government’s Spending Review, with Chancellor Rishi Sunak taking centre stage as he presents a 12 month spending plan to...

25 November 2020

From: Breaking News

Call for mortgage guarantee scheme plus longer stamp duty holiday

The National Association of Estate Agents wants the government to initiate a mortgage guarantee scheme to encourage more 95 per cent...

20 October 2020

From: Breaking News

Stamp duty surcharge - details emerge for non-resident purchases

The government has published draft legislation giving further details on the two per cent stamp duty surcharge on non-residents purchasing residential...

10 September 2020

From: Breaking News

Big rises in property taxes expected to pay for virus spending

Hefty increases in taxes on the purchase and sale of holiday homes and buy to let properties are expected in the...

01 September 2020

From: Breaking News

It’s a trap! Stamp duty holiday could lead to property taxes - claim

A prominent industry figure says the current stamp duty holiday could effectively be a trap to lure in buyers who will...

21 August 2020

From: Breaking News

Stamp Duty dithering could kill the market, warn angry agents

Agents have spoken out angrily against any uncertainty in the market caused by government leaks about future stamp duty changes. In recent...

07 July 2020

From: Breaking News

Delay property tax change until market revives, experts tell government

A taxation institute is urging the government to delay Capital Gains Tax changes relating to housing transactions until the virus crisis...

03 June 2020

From: Breaking News

New campaign wants controlled viewings, loans for buyers and SDLT holiday

NAEA Propertymark has today launched a campaign for the government to introduce what it calls a Property Sector Support Package. This would...

01 May 2020

From: Breaking News

Vendors may have to estimate CGT on sales under new rule

A property tax specialist is warning that sellers of buy to lets or holiday homes may have to estimate their own...

29 April 2020

From: Breaking News

Johnson’s Mansion Tax: angry Tories hit out at ‘socialism lite’

Conservatives have been lining up to criticise a mansion tax which may be introduced on expensive homes to fund infrastructure improvements...

11 February 2020

From: Breaking News

Mansion Tax on high value houses being considered by government

Boris Johnson is considering introducing a mansion tax for high value homes according to a Sunday newspaper. The Telegraph - citing two...

08 February 2020

From: Breaking News

What next for property in 2020?

After a year dogged by Brexit deadlock, political turmoil, and slow growth, estate agents’ confidence in the property market hit a...

04 January 2020

From: Features

General election 2019: The housing crisis remains a top issue

With Brexit still unresolved, the domestic agenda has been pushed from the headlines by the seemingly overwhelming public and political discord...

07 December 2019

From: Features

Shock advice to buyers: Consider waiting in case Labour scraps SDLT

Until now General Election pledges of stamp duty reforms were restricted to the Conservatives - but now a tax consultancy says...

06 November 2019

From: Breaking News

Stamp Duty: agency poll shows doubt over Johnson honouring pledge

A survey undertaken for estate agency Jackson-Stops reveals that 55 per cent of people do not believe housing is a priority...

04 November 2019

From: Breaking News

Agents hate Stamp Duty - but what happens in other countries?

Stamp duty won’t take centre stage at the Conservative Party conference - that’ll be Brexit, quelle surprise. But if the government...

27 September 2019

From: Breaking News

Property Tax reform - don't stop at stamp duty, Boris Johnson urged

Prime Minister Boris Johnson has been urged to go further with property tax reform and not just stop at reducing stamp...

06 August 2019

From: Breaking News

Treat Johnson’s stamp duty promises with caution, say top agents

One of the country’s most respected agents has advised the agency industry to treat Boris Johnson’s pledges with real caution. Black Brick buying...

24 July 2019

From: Breaking News

What now for the agency industry as Boris Johnson takes over?

Our own industry’s upheaval over recent years has been no less dramatic than the turmoil at Westminster. The political earthquake has seen...

23 July 2019

From: Breaking News

Boris Johnson stamp duty plans disastrous for one part of the country

A leading agent has suggested that some parts of the UK would face “a property exodus” if Boris Johnson’s proposals for...

15 July 2019

From: Breaking News

What would a Corbyn government mean for sales and lettings?

While media attention has been on Theresa May, Brexit and the Tories, chatter in the agency industry has been about what...

25 May 2019

From: Features

Stamp duty revenue collapses by over a quarter as transactions tumble

A new and comprehensive analysis of the housing market shows a jaw-dropping collapse in stamp duty revenue going to the Treasury...

02 May 2019

From: Breaking News

Another property tax backfires on government as revenue plummets

HM Revenue & Customs is set to pocket £60m less from one of its property taxes than it forecast. An analysis of...

10 April 2019

From: Breaking News

Why stamp duty should be abolished and not just reformed

Over the last few years, there have a number of changes to the stamp duty land tax (SDLT) regime, which have...

23 March 2019

From: Features

Prime Central London transactions now only 50% of 2013 levels

Strutt & Parker says transaction levels in Prime Central London, already at a low ebb, plummeted a further nine per cent...

08 February 2019

From: Breaking News

 Landmark tax ruling could be good news for holiday home market

The holiday home market may still be struggling in the wake of the three per cent additional homes stamp duty surcharge...

28 November 2018

From: Breaking News

Havoc, Grim and Short Term - Property taxes under fire once again

It’s Budget day and the government is once again on the receiving end of a blast from one of the country’s...

29 October 2018

From: Breaking News

New agency's stamp duty question: Do we need another property tax

“Do we really need another tax?” - that’s the question from a new buying agency, querying why the government wants to...

08 October 2018

From: Breaking News

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