Budget 2025: Stamp Duty Proposal Could See Homebuyers Pay NO TAX but only for a Limited Time
6 Articles
6 Articles
Stamp duty and council tax top list of fears for tomorrow's Budget
Stamp duty and mansion tax changes top the mortgage market's list of concerns for tomorrow's Autumn Budget. Chancellor Rachel Reeves tomorrow plans to deliver this government's second Budget, with several property measures rumoured. These include replacing stamp duty with a property tax for those selling… The post Stamp duty and council tax top list of fears for tomorrow’s Budget appeared first on Mortgage Finance Gazette.
Stamp duty and council tax top market concerns on eve of Budget
Stamp duty and mansion tax changes top the mortgage market's list of concerns for tomorrow's Autumn Budget. Chancellor Rachel Reeves tomorrow plans to deliver this government's second Budget, with several property measures rumoured. These include replacing stamp duty with a property tax for those selling…The post Stamp duty and council tax top market concerns on eve of Budget appeared first on Mortgage Strategy.
Mansion tax looks increasingly likely, as chancellor expected to raise £450m from revaluing higher council tax bands
Chancellor Rachel Reeves plans to raise up to £450 million from a levy on high-value homes collected through council tax bills, according to a report in The Times. Revaluing properties in council tax bands F, G and H will affect more than 100,000 homes, with a surcharge averaging £4,500 and owners of the more expensive homes paying significantly more. The threshold for the tax has been increased to £2 million, The Times reports, to ensure only t…
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