Friday 8 June 2012

Figures show rich homeowners avoiding billions in stamp duty - Tax - Money - The Independent

Figures show rich homeowners avoiding billions in stamp duty - Tax - Money - The Independent
Unpublished government estimates show that about 5,000 British homes are believed to be registered in a way that would allow their owners to avoid a slew of property taxes.
The statistics were obtained by the investigative website Exaro.

The Treasury faced demands last night to examine the extent of tax avoidance by the country's wealthiest homeowners who have transferred £25bn worth of property into corporate hands.

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