‘Britain is being turned into the departure lounge’ warns non-dom lobby group
'The government is listening,' say lobbyists calling for a rethink on the abolition of non-dom status.
Government confirms the end of non-dom status in April 2025
The Treasury has revealed measures to clamp down harder on international wealth as it aims for a tax regime that 'is both fair and as competitive as possible.'
By PrimeResi
Labour pledges to close Tory non-dom ‘loopholes’ amidst wider tax avoidance crackdown
Chancellor-in-waiting Rachel Reeves has vowed to 'take on the tax dodgers because if you make your home and do your business in Britain, then you should pay your taxes here too.'
By PrimeResi
Budget 2024: Hunt scraps Non Dom status, abolishes Furnished Holiday Lettings relief & cuts CGT rates for residential property
The Non Dom regime is being replaced with a 'modern, fairer, simpler' tax system based on residency, says the Chancellor.
By PrimeResi
Most read
‘Not the pre-Halloween horror show we had braced ourselves for’: Property industry reactions to the Autumn Budget 2024
Featuring insights from: Dominic Agace, Tim Bannister, PC Chawla, Lucian Cook, Becky Fatemi, Guy Gittins, Mark Harris, Nina Harrison, Adam Jennings, Trevor Kearney, Nick Leeming, Roarie Scarisbrick, Nicky…
By PrimeResi
£30mn ‘masterpiece’ sold in west London
10,000-plus sq ft freehold townhouse on the banks of Regent's Canal is one of Little Venice's finest.
International buyer secures ‘one of the best mansions in Belgravia’ in another pre-Budget mega-deal
Grand 1901 townhouse on Lygon Place, asking £21.5mn, was formerly the Italian Embassy & Defence Attaché.
‘This Budget raises taxes by £40bn’: Reeves targets second homes, inheritance, capital gains & non-doms
Stamp Duty on additional homes is going up from tomorrow, but there's no change to CGT on residential property.
By PrimeResi
Super-prime London property agency launches Marbella outpost
Gary Hersham's Beauchamp Estates is opening a fifth Mediterranean office.
By PrimeResi
Required Reading: The Autumn Budget 2024 for HNWIs & business owners
Mishcon de Reya's legal & tax experts talk us through the key points & policies announced by Chancellor Rachel Reeves - including significant changes to Stamp Duty & Inheritance Tax.
‘Back-to-brick’ renovation in Chelsea delivers trio of rental apartments
Boutique developer reinvents period mansion block on Sloane Gardens, with a modern take on traditional British design.
Second-home buyers race to beat SDLT deadline
UPDATED: Agencies finalise series of 'rapid' high-end sales in Prime Central London following surprise tax hike announced in the Autumn Budget.
Agency ties up England’s biggest land sale of the last 30 years
The Wildlife Trusts have agreed to acquire the 9,500-acre Rothbury Estate, which has been in the Percy family for seven centuries.
By PrimeResi
Tom Bill: What does the Budget mean for the UK residential property market?
Knight Frank's head of UK resi research summarises the key takeaways from Rachel Reeves' big speech & looks at the likely impacts on the real estate sector.
By Tom Bill
LATEST ARTICLES
Grand townhouse near Harrods heads to auction, guided at £9.25mn
Grade II six-storey specimen is one of the largest on Knightsbridge's Montpelier Square.
Major mortgage lenders back ‘greenprint’ for eco-minded property finance
Linking long-term loans to properties rather than people could promote more energy-efficient retrofits, argue lenders.
By PrimeResi
Senior Jackson-Stops agent moves to Harding Green
'The UK property industry is shifting toward a more client-focused model,' says Alexander Leon as he joins the self-employed broker platform in central London.
By PrimeResi
Corporate relocation agency launches private clients division
Belgravia-based R3Location now provides personal property search & acquisition services, in addition to its established corporate relo offering.
By PrimeResi
Agents invited to join influential proptech advisory panel
REACH UK's Agent Advisory Panel aims 'to bridge the gap between the challenges PropTech companies face during development and the real-world demands of the property sector.'
By PrimeResi