Budget Briefing: Stamp Duty & Additional Residential Properties
Based in London with offices in New York, Mishcon de Reya services an international community of clients and provides advice in situations where the constraints of geography often do not apply. The work we undertake is cross-border, multi-jurisdictional and complex.
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Required Reading: The Budget 2017 for HNWIs & business owners
Mishcon de Reya delivers a handy briefing on the Budget 2017, outlining which policies have implications for high net worth individuals and business owners.
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High value property transactions have slumped in the last year, as a major reform of the stamp duty system significantly upped the cost of moving at the £1m+ level.
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UK stamp duty revenues suffer as Osborne throttles the golden goose
With the Institute for Fiscal Studies now warning that the Government will struggle to meet its target of balancing the books by 2019-20, Knight Frank has taken a proper look at how the new stamp duty…
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