Finance
Finance Bill introduces annual property levy and extends capital gains tax reach
The new Draft Finance Bill includes, as feared, a bunch of new property taxes: there's a new annual levy for non doms with homes worth over £2m, and an extension to capital gains tax, at 28%, for "non-residential…
Required Reading: The Finance Bill 2013 for HNWs
The Government's Finance Bill 2013, published today, confirms that the proposals announced in March this year are coming into force in April 2013.
Compulsory purchase system is “inefficient and unfair” – CLA
The Country Land and Business Association has demanded a "root and branch reform" of Britain's compulsory purchase system as HS2 begins to hit home.
Berkeley posts whopping results
Profits at "Britain's best housebuilder," Berkeley Group, have rocketed by over 40% over the last six months, whilst the Group's revenues have ballooned by nearly 70% to £686m, according to the company's…
Prime property dodges “large bullet”
There were sighs of relief around Chelsea, Mayfair and Hampstead Village yesterday afternoon, as the Chancellor surprised us all by announcing that "there will be no new property taxes" in his Autumn Statement.
Required Reading: What does the Autumn Statement mean for HNWs
Yesterday's Autumn Statement delivered by Chancellor George Osborne did not, in fact, contain much detail on the Government's tax proposals, meaning the publication of the draft Finance Bill next week…
Autumn Statement: Will the Fiscal Fog clear today?
*BREAKING NEWS: Osborne promises no new property taxes...more to follow*
Today's the day that we finally find out, after moons of speculation, what George Osborne's Autumn Statement has to say.
Autumn Statement: HNW highlights and full transcript
So the Chancellor's just delivered his Autumn Statement... and it all seems ok.
Autumn Statement: Phew! What a relief
Instant reaction on what the Chancellor's Statement means for HNWs and the prime property sector from Trevor Abrahmsohn...
No new tax on property – phew, what a relief!
SDLT avoidance schemes double
The March budget's assault on prime property owners and investors has caused the number of stamp duty avoidance schemes to double this year, according to legal bods Pinsent Masons.
More buyers after “homes with benefits”
Demand for properties with income has soared by 50%, according to Fine & Country, as buyers look to supplement their earnings and boost pension pots.
Napoleon Wilcox, Head of Webbers Fine & Country;
Client-side: The future’s bright. The future’s white walls.
In the first of who-knows-how-many parts, serial renovator and buying-agent-turned-client Alan Page embarks on a novel scheme to do up property in prime London.