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 Catherine Bosley.
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.
Covid-19 has ‘brought to an immediate halt the unbroken upward trend in global HNW growth over the past decade’
Dollar millionaires now control nearly a third of the world's total private wealth, reports Wealth-X, after "a decade, and more, of plenty" - a period that has been ended by the pandemic.
By PrimeResi
Pandemic ‘sparks house price surge’ in global markets
Property prices increased in nine out of ten countries in 2020, according to Knight Frank's latest index.
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Deal sealed on landmark Georgian mansion in West London
The Grade I listed Walpole House on Chiswick Mall was asking £12mn and sparked competitive bidding.
Knight Frank promotes 170
Agency names 31 new Partners and 58 Associates across its UK business.
£15mn price tag for turnkey Mayfair townhouse with Omani royal provenance
Former private family office HQ on Chesterfield Hill has been transformed into one of the finest homes in the area, say agents.
Boutique agency founder moves to top-end brokerage
Moveli signs up another well-known PCL operator as platform expands its coverage across the UK.
400 agents join new members-only prime property network
Former Black Brick partner's venture has attracted key London players since launching last year.
‘The government got it wrong’: Prime property insiders react to non-dom U-turn rumours
UPDATED: Key inheritance tax rule 'under review' amid wave of high-profile departures, reports suggest.
Knight Frank relocates flagship Mayfair office
New location on South Audley Street places team ‘at the centre of one of the most significant prime and super-prime markets in London’, says high-profile agency.
Michael Caine’s former Oxfordshire estate listed for £10mn
Bucolic retreat with 600 feet of Thames frontage offers 'a true Swallows and Amazons lifestyle', say agents.
In Pictures: ‘One of the grandest townhouses in Marylebone’ seeks £18.5mn
Happenings at Harley House are believed to have directly inspired a Charles Dickens novel.
By PrimeResi
Veteran agency boss shares 11-step formula for closing a mega-deal
Glentree's Trevor Abrahmsohn says his 'tried & tested' technique has helped bring home multiple transactions ranging up to £100mn.
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UK annual house price growth halves
Industry reacts as latest official HPI shows impact of stamp duty changes on the market.
In Pictures: Buyer sought for ‘one of Hampstead’s most treasured private residences’, asking £11.95mn
Grade II listed Georgian gem counts former residents including a world-renowned ballet dancer & a multi-Grammy Award-winning musician.
Reuben Brothers brings in boutique agency for One Carrington sales push
Luxury specialist OB Private joins the teamsheet at newly completed apartment scheme in Mayfair's midst.
Have PCL property prices really dropped 60% in a year?
It depends on which data you look at, and caveats apply.
By PrimeResi
John D Wood expands country house lettings team in the Cotswolds
Naomi Hazell has moved from Carter Jonas.
By PrimeResi