Mixed-use home-owners should ‘expect greater scrutiny from HMRC in all SDLT claims’, warns accountant
A pudding entrepreneur has landed a significant Stamp Duty bill after a 'misguided' attempt at a refund based on mixed-use rather than residential rates for a country home. It's 'a sticky mess', says accountancy firm Hillier Hopkins, that should serve as a warning to other landed home-owners tempted by the 'aggressive claims' 0f some tax refund agents.
Required Reading: The Budget 2021 for HNWIs & business owners
The team at law firm Mishcon de Reya has trawled through HM Treasury's Budget documents to come up with this digest of the key points for business owners and wealthy individuals...
What real impact would a public register of beneficial owners have on the UK property sector?
The new draft Bill promises more transparency in the UK property industry, but will it cause headaches for estate agents, solicitors and developers - and will it put off overseas investors?
Required Reading: The VAT reverse charge for building & construction services
A major change to the way VAT is collected in the building and construction industry comes into play on 1st October 2019 [delayed to 2020]
Most read
London Square continues prime site acquisition run with ‘extremely attractive’ Brook Green project
The former school site in West London is the Aldar-owned property developer's eighth acquisition so far this year.
‘Arguably the finest in Mayfair’: Trophy townhouse lists at £49.5mn
Grand red-brick specimen on Balfour Place is the only double-fronted south-facing home in Mayfair Village.
Former Northacre sales boss launches new venture
Simon Edwardson's Wind Leaf will be offering up 'market leading advisory services for residential and commercial assets on a worldwide basis'.
Another ‘milestone’ deal in Mayfair as super-prime buyers make their move
Conditions are nervy, but some HNWIs are sensing an opportunity & taking a long-term view, reports top acquisition firm.
New Earls Court plans submitted, promising ‘a global destination’ with 4,000 new homes
Delancey's Earls Court Development team promises 'a place for everyone, a neighbourhood that brings people together, where they feel welcome, safe and included.'
Mega-deals dry up as caution slows London’s top-end property market
You could count the number of £30mn-plus sales that happened in the last year on two hands.
Russell Simpson strengthens PCL team
Daniel Trelease and Oscar Martinelli have joined the family-run firm's Chelsea office.
Abrahmsohn on non-doms, £50k pw rentals & why October 30th will be a watershed moment
Next month's Budget could send shockwaves through every stratum of the property market, writes veteran agent Trevor Abrahmsohn.
Behind the numbers: How many non-doms will be affected by next year’s changes?
Savills estimates that 22,100 non-doms are likely to be exposed to proposed tax changes.
Emma Fildes: Observations from the field
Market indices have given sellers false hope, reports buying agent Emma Fildes, and there is an air of desperation amongst those who went too big on price before the summer.
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Dollars & La Dolce Vita: How Europe’s luxury homes became the hot ticket for America’s super-rich
'We heard recently of an American couple who have bought houses in seven different countries in the past 18 months – and are keen to buy more': Top buying agent Philip Harvey explains what's driving h…
JLL ‘reaffirms commitment’ to PCL with raft of resi promotions
Agency's senior-level reshuffle in and around Prime Central London - including a new Head of Lettings - follows new appointments.
‘Iconic’ Dubai property developer sets up shop in Knightsbridge
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Postcard from South Africa: ‘The future’s looking bright for the Rainbow Nation’s real estate market’
Berry Everitt of Chas Everitt shares a rosy view of the South African economy and property market, following the election of the Government of National Unity.