UK property industry does not support a mansion tax | Features | News
Amid speculation that UK Chancellor George Osborne intends to use the upcoming Budget to make changes to property tax, the property industry is advising against any such a moves.
There has been much talk about the introduction of a ‘mansion tax’ that would be payable on properties over a certain value. But the industry points out that in London and the South East of the country where properties are worth much more, owners would pay an unproportionally high amount of tax.
There is also talk of closing an alleged £1 billion stamp duty loophole whereby some super rich foreigners avoid paying the stamp duty tax by putting expensive homes in offshore companies, a move estimated to cost the Treasury up to £1 billion a year.
Oxford Homes Direct are estate agents in Oxford. Letting agents,Oxford. House to rent Oxford. Property for sale Oxford. Flats in Oxford for rent. House for sale Oxford. Apartments for rent Oxford. Find houses Oxford. Rooms to rent Oxford. Homes direct in Oxford. Make the right move & find Oxford apartments, estate agents Oxford. www.oxfordhomesdirect.co.uk Oxford estate agents & Oxford letting agent. Rightmove, Oxford. Primelocation, Oxford. Rightmove, Oxford
No comments:
Post a Comment