A one-off wealth tax on £1m+ households is the best way to pay for Covid-19, says think tank
"A one-off wealth tax would work, raise significant revenue, and be fairer and more efficient than the alternatives," suggests an in-depth report from The Wealth Commission.
Bloomberg: Swiss Wealth Tax rakes in cash as Covid stokes global debate
"Switzerland’s wealth tax offers a rare real-world example of how a levy on assets can work, just as such ideas gain traction elsewhere in the wake of the coronavirus crisis," writes Bloomberg journalist…
Think tank calls for a Property Capital Gains Tax to ‘pay for the coronavirus’
Michael Johnson and the Social Market Foundation are calling for "tens of billions of pounds of new taxes to be levied on increases in the value of homes", with a new Property Capital Gains Tax replacing…
By PrimeResi
Labour pitches a new national property tax & ‘jury service’ for planning decisions
George Monbiot-authored report sets out some dramatic policy ideas as the Labour Party develops 'an explicit goal of stabilising land and house prices'
By PrimeResi
Most read
OB Private boosts Mayfair team
Luxury agency's new hire, Joe Mason, brings experience from Savills’ flagship Knightsbridge and Sloane Street offices
Green light for new Finchatton apartment scheme in Knightsbridge
Super-prime developer to transform two historic townhouses just around the corner from Harrods; promises 'best product to date'.
Currency Matters: Once again, Prime Central London real estate is on sale
The pound has been taking a pummelling & US buyers now have an unprecedented opportunity to capitalise in the PCL property market, explains David Huggett.
Spain floats 100% property tax for non-EU buyers
Spanish Prime Minister unveils plan to tackle 'grave' housing crisis with huge tax hikes on overseas buyers.
By PrimeResi
Deal sealed on £18.75mn Holland Park townhouse
'When an exceptional house is correctly priced, demand can be strong,' reports agency.
Brokerage lists important Arts and Crafts mansion in Surrey
Sublime 1896 creation by Charles Voysey is regarded as one of the finest examples of its œuvre.
Former UK SIR director & Knight Frank partner signs to Harding Green
Ryan Stokes spent a decade with Knight Frank before moving to UK Sotheby's International Realty.
By PrimeResi
London Square picks up prominent Ransome’s Wharf site opposite Chelsea Embankment
Property developer continues its dramatic run of prime London site acquisitions since becoming part of Aldar in late 2023.
By PrimeResi
Peak Luxury: Four Seasons penthouses to go on sale in Gstaad
Global hospitality firm appointed to manage 'iconic' property in glitzy Swiss ski resort.
Investec backs Wentworth Estate super-home project
£11.5mn loan tees up latest endeavour by luxury developer Applegate Homes.
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Carter Jonas installs national resi sales boss
Dominic Bruneau will oversee the agency's network of 14 resi sales teams across the UK.
In Pictures: A-list-approved Caribbean estate asks $39mn
'Legendary' villa at Amanyara in the Turks & Caicos Islands is the most expensive listing in the region right now.
Peak Luxury: Four Seasons penthouses to go on sale in Gstaad
Global hospitality firm appointed to manage 'iconic' property in glitzy Swiss ski resort.
‘Innovation in services & amenities will become increasingly essential’: On the future of branded residences
As the branded resi sector continues to grow at a remarkable pace, Michele Galli of The One Atelier explores what’s driving the evolution and resilience of this luxury niche.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes