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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.
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…
Osborne stamps-out stamp duty dodging
The number of £2m+ homes being bought through the offshore company tax-dodge has plummeted by 80% since March's budget, according to the FT.
Shoreditch is over, says LSE prof’
David Cameron's approval of a "Creative City" around Old Street and Shoreditch is a death knell for the area, according to one of LSE's leading sociologist, Professor Richard Sennett.
Cordea Savills’s resi fund starts spending
Cordea Savills's first London Residential Development Fund has started buying, spending £40m on two adjacent properties in Chelsea.
Ronson gets Riverwalk SW1 underway
London property investment vehicle Ronson Capital Partners has just confirmed the start of development of Riverwalk, SW1, its high-spec 113-unit waterfront resi project in Westminster.
New MD for NAEA (finally!)
After a lengthy search, Mark Hayward has been announced as the new managing director of the National Association of Estate Agents.
‘Tis the season to be jolly – £250m of country sales in a month for Knight Frank
With only a couple of weeks left until the property world hangs up its brogues for another year, there's been somewhat of a pre-Christmas rush in Knight Frank’s Country Division, with over £250m worth…
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.
London under threat from high-rise developments
Ed Vaisey, the architecture and heritage minister, is "very worried" about the impact that high-rise developments on the South Bank will have on London's historic landscape and buildings, including the…
Jones Lang LaSalle opens flagship City office
Jones Lang LaSalle has announced the launch of a dedicated residential sales office in the swanky Royal Exchange, slap bang in the middle of the City of London, EC3.
Strutt & Parker aims for £100,000 charity target
Strutt & Parker began its fundraising initiative in support of Great Ormond Street Hospital Children's Charity with a launch event in Mayfair last night.