Finance
New app promises to solve complex Stamp Duty calculations
"Compass" has been created by a team from Cornerstone Tax Advisors.
Mountwood secures backing for £28m west London scheme
34-unit regen project is transforming a disused brownfield site on Fulham Palace Road in Hammersmith.
Consultation opens on the new Residential Property Developer Tax
Property developers should pay a "fair share" of the cost of the cladding scandal, says the Government, as it provides more detail on plans for a two-pronged tax on housebuilders.
ATED receipts dwindle as enveloping loses its appeal
Receipts from the Annual Tax on Enveloped Dwellings fell by 8% (c.£11m) for the 2019/2020 financial year; they have dropped by 28% (c.£50m) since the 2016 peak.
Stamp Duty receipts rocket
HMRC's revenue from SDLT was 22% higher last month than in March 2020.
CapitalRise funds new SW London project
Prime property finance platform has lent over £100m to prime property developers in the last five years.
Court rules on ‘secret’ broker commissions
Brokers should owe a "duty of loyalty" to borrowers, rules the Court of Appeal, in a judgement that provides "much-needed clarity" to the mortgage industry.
Tax advisor fined for Stamp Duty avoidance
A well-known tax advisor has been fined for allegedly avoiding Stamp Duty, after losing an appeal against a First Tier Tribunal.
Investors are forming ‘clubs’ to skirt the new overseas buyer Stamp Duty surcharge
"Rather than invest in a single buy-to-let personally, some overseas investors are joining 'club' deals where they take a share of a collective purchase of six or more properties," says Blick Rothenberg
Century completes £5.5m loan on Chelsea mansion
Prime resi bridging lender reports bumper week of deals in spite of some ‘challenging’ conditions.
Government’s new ‘Tax Day’ brings a raft of policy consultations – but nothing major on CGT or Stamp Duty
HM Treasury has published a suite of some 30 consultation documents and policy proposals that are "designed to enhance the stability and effectiveness of the UK tax system by outlining a future pathway…
What would a CGT hike mean for buy-to-let landlords & second homeowners?
“The proposed changes from the Office of Tax Simplifications would act as nothing more than another nail in the coffin of the buy-to-let sector, in particular," says estate agency Benham and Reeves.