The manifestos of all major parties tell us little about their true tax and public service plans, a respected financial think...
Archive
![Industry Views - The one Property tax Labour really should change](/upload/images/1%20--%20Industry%20Views%20-%20The%20Housing%20Battleground%20for%20General%20Election%202024.png)
In the later stages of an election when the Conservatives’ best chance of success is forcing an own goal by Labour,...
22 June 2024
From: Features
![Property Tax - Labour on the ropes in key media interview](/upload/images/shutterstock_1060261916(3).jpg)
A Labour frontbencher has failed to explain why the party has no plans to reform council tax based, in most cases,...
14 June 2024
From: Breaking News
![Industry Views - Labour Agrees New Housing Policies](/upload/images/2%20--%20Proofed%20--%20EAT%20-%20IndustryViews%20(007)%20Labour's%20housing%20pledges.png)
You may not have realised, but yesterday, the new government’s housing policy was agreed. No, I’m not talking about the new ‘Freedom...
08 June 2024
From: Features
![Chancellor commits to Family Home Tax Guarantee](/upload/images/Shutterstock-only%20images/Property%20Market/Taxes-400x310.png)
Chancellor Jeremy Hunt has pledged not to raise Stamp Duty as part of a Family Home Tax Guarantee. Writing in the Daily...
07 June 2024
From: Breaking News
![Scottish property taxes raise over £623m in last 12 months](/upload/images/5%20--%20Proofed%20--%20Scottish%20property%20taxes%20-%20By%20David%20Alexander%2C%20CEO%2C%20DJ%20Alexander%2C%20Scotland.jpg)
Property taxes in Scotland exceeded £623m over the last twelve months according to analysis of the latest statistics by a leading...
25 May 2024
From: Features
![‘Punitive’ Scottish property taxes aren’t deterring buyers (yet)](/upload/images/Shutterstock-only%20images/Property%20Market/TaxMan-400x310.png)
High property taxes in Scotland may eventually deter buyers, one of the country’s major agents has warned. Analysis by DJ Alexander has...
22 May 2024
From: Breaking News
![Think tank calls for Oz-inspired housing ‘sin taxes’](/upload/images/Shutterstock-only%20images/Property%20Market/PropertyNews-400x310.png)
The UK Government should make better use of property taxes to deter foreign buyers, boost property supply and raise tax revenue,...
20 March 2024
From: Breaking News
![Spring Budget: Will there be help for housing?](/upload/images/Shutterstock-only%20images/Property%20Market/PropertyNews-400x310.png)
Agents are hopeful of support for the property market in today’s Spring Budget. It could be the Chancellor Jeremy Hunt’s final fiscal...
06 March 2024
From: Breaking News
![Agents hope for property tax review in Scottish Budget](/upload/images/Shutterstock-only%20images/Property%20Market/Taxes-400x310.png)
Agents are hoping for further support for the housing market north of the border as the Scottish Government prepares to set...
18 December 2023
From: Breaking News
![Rightmove: Stamp Duty cut could boost 72% of property listings](/upload/images/Shutterstock-only%20images/Property%20Market/3-MortgageRates1.png)
Almost three quarters of homes on the market would be exempt from Stamp Duty for home-movers if the Chancellor introduced a...
21 November 2023
From: Breaking News
![Thinktank calls for Stamp Duty to be scrapped](/upload/images/Shutterstock-only%20images/Property%20Market/StampDuty--2-400x310.png)
The Institute for Fiscal Studies (IFS) has repeated calls for Stamp Duty to be scrapped as politicians prepare for party conference...
25 August 2023
From: Breaking News
![Property tax grab up 50% in two years - agency chief’s claim](/upload/images/Shutterstock-only%20images/Property%20Market/TaxCoins-400x310.png)
Property taxes collected in Scotland have risen nearly 50 per cent in just two years according to analysis of the latest...
11 August 2023
From: Breaking News
01 July 2023
From: Features
![Government slammed by public over housing failures](/upload/images/Shutterstock-only%20images/Rental%20Market/DamagedProperty-400x310.png)
A new survey suggests the overwhelming majority of the public are critical of the government’s apparent housing failures. A study of 1,323...
01 June 2023
From: Breaking News
![Overseas buyers will help avert a property market crash - claim](/upload/images/Shutterstock-only%20images/Property%20Market/HouseMarketCrash-400x310.png)
A property tax consultant has hit back at suggestions of a housing market crash, suggesting that overseas investors will help sustain...
15 December 2022
From: Breaking News
![Scottish Budget: Leading agent calls for property tax overhaul](/upload/images/Shutterstock-only%20images/Property%20Market/TaxTime-400x310.png)
The Scottish Government’s Budget this week is being described as an opportunity to help homebuyers and to make the country an...
14 December 2022
From: Breaking News
![Propertymark backs devolved Stamp Duty for Northern Ireland](/upload/images/Shutterstock-only%20images/Property%20Market/StampDuty-Image--400x310.png)
The Northern Ireland Executive should seek devolved powers over Stamp Duty, Propertymark claims. The agency trade body has urged the Executive to...
06 December 2022
From: Breaking News
![Scottish property taxes may deter buyers as market slows - warning](/upload/images/Shutterstock-only%20images/Flags%20%26%20Locations/Scotland-400x310.png)
Scotland may face “serious labour shortages” due to its relatively high property buying taxes compared with in England, a leading agent...
21 October 2022
From: Breaking News
![Supply and mortgage costs remain an issue despite Stamp Duty cut](/upload/images/Housing%20Market%20%26%20Property%20Images/HousingSupplyxDemand_400x310.png)
The confirmation of an immediate Stamp Duty cut last week may have meant delayed sales could complete, but there are concerns...
26 September 2022
From: Breaking News
![Chancellor unveils permanent Stamp Duty cut](/upload/images/library/StampDuty1-400x310.jpg)
The much-rumoured Stamp Duty cut has been confirmed, increasing the thresholds before the property tax is paid. Delivering his mini-Budget this morning,...
23 September 2022
From: Breaking News
![Property sector calls for targeted stamp duty cuts](/upload/images/Housing%20Market%20%26%20Property%20Images/Stamp-Duty400x310.png)
Agents and other property professionals have, perhaps unsurprisingly, reacted positively to rumours of a Stamp Duty cut. Prime Minister Liz Truss and...
22 September 2022
From: Breaking News
![Private rented sector not reason for fewer Scottish homeowners, agent claims](/upload/images/Housing%20Market%20%26%20Property%20Images/AdobeStock_215082843.jpeg)
A leading agent has called on the Scottish government to reduce property taxes rather than freezing rents if it wants to...
13 September 2022
From: Breaking News
![Government rejects ‘complex’ Stamp Duty changes](/upload/images/Housing%20Market%20%26%20Property%20Images/Stamp-Duty400x310.png)
The government has rebuffed calls to assess whether different rates of Stamp Duty could incentivise property development or sales of energy...
07 September 2022
From: Breaking News
![Buyers in Scotland ‘unfairly paying’ higher property taxes](/upload/images/Locations/ScotlandFlag400x310.png)
Fewer than 20% of Scots homeowners paid more than 83% of all house purchase tax north of the border, according to...
22 August 2022
From: Breaking News
![Rising house prices help boost HMRC’s tax take](/upload/images/library/House-Tax-400x310.jpg)
Rising house prices boosted HMRC’s coffers during the previous tax year. Analysts suggest the booming housing market has meant HMRC has attracted...
27 April 2022
From: Breaking News
![Property tax alternative to stamp duty wins support of MPs](/upload/images/Housing%20Market%20%26%20Property%20Images/Calculator-PoundCoins-2019-400x310.jpg)
At least 18 MPs have come out in favour of a new annual Proportional Property Tax which would be levied on...
28 March 2022
From: Breaking News
![The Coming ‘Budget’ - What’s In Store For Agents?](/upload/images/Politics%20(MPs%2C%20party%20logos%2C%20etc)/RishiSunak-400x310.jpg)
If you want to sex-up the Chancellor’s financial statement scheduled for lunchtime on Wednesday, you’d call it a Budget or a...
19 March 2022
From: Features
![Message to HMRC and Government - stamp duty is outdated](/upload/images/library/Stamp-Duty400x310.png)
The majority of homeowners and homebuyers believe Stamp Duty Land Tax is outdated and needs reform. The mortgage lender Butterfield commissioned an...
09 February 2022
From: Breaking News
![HMRC: UK government’s property taxes produce falling revenue](/upload/images/Housing%20Market%20%26%20Property%20Images/Tax-400x310.png)
The UK is reported to have dropped down the league table of governments that secure vast amounts of income from property...
04 January 2022
From: Breaking News
![Budget 2021 aftermath - did the chancellor target property for tax revenue?](/upload/images/Housing%20Market%20%26%20Property%20Images/Tax-400x310.png)
In the Autumn Budget on Wednesday 27 October, very few impending tax hikes were revealed by the Chancellor Rishi Sunak –...
06 November 2021
From: Features
![Autumn Budget: will Sunak’s pledges create opportunities for agents in the new-build sector?](/upload/images/Politics%20(MPs%2C%20party%20logos%2C%20etc)/RishiSunak-400x310.jpg)
At first glance, Rishi Sunak’s Budget speech earlier this week didn’t offer much from a property perspective. But digging down a little...
30 October 2021
From: Features
![Budget: Details of business rate changes and new development tax](/upload/images/library/house-prices-rise400x310.png)
The Budget has proven more generous than many expected - and with most property taxation left unchanged. Chancellor Rishi Sunak has made...
27 October 2021
From: Breaking News
![New property tax - government releases draft legislation](/upload/images/Housing%20Market%20%26%20Property%20Images/Tax-400x310.png)
The government has released details of a new property tax. It’s the Residential Property Developer Tax, first announced at the start of...
11 October 2021
From: Breaking News
![Property Tax Threat: Labour hints at rises to pay for social care](/upload/images/Politics%20(MPs%2C%20party%20logos%2C%20etc)/Labour-logo400x310.png)
Labour leader Sir Keir Starmer has hinted for the second time that he is looking towards property to help fund his...
27 September 2021
From: Breaking News
![Claim: property tax revamp could free up as many as 600,000 homes](/upload/images/Housing%20Market%20%26%20Property%20Images/Tax-400x310.png)
The government has been warned that its much-talked about levelling up agenda is ‘doomed to fail’ without major reform of the...
22 September 2021
From: Breaking News
![Property tax threat returns as government sets Budget date](/upload/images/Politics%20(MPs%2C%20party%20logos%2C%20etc)/RishiSunak-400x310.jpg)
Lost in the noise of yesterday’s social care announcements, Chancellor Rishi Sunak has named October 27 as his next Budget Day...
08 September 2021
From: Breaking News
21 August 2021
From: Features
![HMRC targets property transactions after slump in tax income](/upload/images/library/House-Tax-400x310.jpg)
HM Revenue & Customs is reported to be targeting recent home buyers after a slump in income from property taxes during...
13 August 2021
From: Breaking News
![Agents to issue tax information to prospective buyers](/upload/images/Housing%20Market%20%26%20Property%20Images/Tax-400x310.png)
Propertymark has worked with one of the UK governments to create an information sheet which, in virtual or hard copy firm,...
29 July 2021
From: Breaking News
![Is This The Alternative To Stamp Duty?](/upload/images/Housing%20Market%20%26%20Property%20Images/Stamp-Duty400x310.png)
There’s gathering momentum to do ‘something’ about the unfairness of council tax and stamp duty. This isn’t new in principle. Agents have...
24 July 2021
From: Features
![Tory says “rich getting a free pass” on current property tax](/upload/images/Politics%20(MPs%2C%20party%20logos%2C%20etc)/Conservative-logo400x310.png)
A young Conservative says “the rich are getting a free pass” thanks to the current council tax system, and there should...
21 July 2021
From: Breaking News
![New property tax demanded by MPs who want more money for councils](/upload/images/Politics%20(MPs%2C%20party%20logos%2C%20etc)/HousesofParliament-3-400x310.jpg)
A group of MPs has suggested the government consider a “proportional property tax” to replace the current council tax, in a...
20 July 2021
From: Breaking News
![Propertymark: your voice matters, make sure it’s heard](/img/default/eat.png)
In an industry which is faced with constant changes in day-to-day practices and even more so given the Covid terrain which agents...
22 May 2021
From: Features
![Scrap Stamp Duty and implement annual property tax - call](/img/default/eat.png)
A think tank wants the government to scrap stamp duty and replace it with an annual property tax based on capital...
20 May 2021
From: Breaking News
![New Property Tax - consultation begins on 'cladding' tax proposal](/img/default/eat.png)
The government has launched a formal consultation process on a new residential property developer tax which is to contribute towards cladding...
30 April 2021
From: Breaking News
![Stamp Duty reform would speed sales says another leading Tory MP](/img/default/eat.png)
The MP leading a new parliamentary committee on the housing market says a radical reform of tax would help more people move...
06 April 2021
From: Breaking News
![Multiple Dwellings Relief – what do property agents need to know?](/img/default/eat.png)
Estate agents play a key role in identifying tax savings that can benefit all parties. If a purchaser can benefit from...
03 April 2021
From: Features
![Tax Day was just a damp squib says leading industry analyst](/img/default/eat.png)
The government’s highly-anticipated Tax Day was just a damp squib. That’s the view of leading analyst Anthony Codling, who says the almost complete...
24 March 2021
From: Breaking News
![Limited property tax proposals unveiled by government](/img/default/eat.png)
Some 30 tax documents have been released by HM Treasury this afternoon - a mix of responses to past consultations, proposals...
23 March 2021
From: Breaking News
![Big property tax increases may be held back until after Budget](/img/default/eat.png)
It’s been revealed that some far reaching changes to property taxes may not be unveiled at Wednesday’s Budget and may wait...
01 March 2021
From: Breaking News
![Phil Spencer: Budget rumours - pros and cons for agents](/img/default/eat.png)
With just two days to go, it's fair to say the property industry is eagerly awaiting Chancellor Rishi Sunak's Budget statement...
01 March 2021
From: Breaking News
![Stricter EPC targets will deter buyers from moving - warning](/img/default/eat.png)
Propertymark has slammed government energy efficiency proposals as being “unrealistic, too simplistic and could deter people from moving home.” A formal consultation...
19 February 2021
From: Breaking News
![Two new property taxes announced by Housing Secretary](/img/default/eat.png)
The government has given details of two new taxes to provide funds to address the cladding problem on high rise tower blocks...
11 February 2021
From: Breaking News
![Stamp Duty reform “very unlikely” says Conservative housing guru](/img/default/eat.png)
An MP demanding a root and branch reform of property taxation, including scrapping stamp duty, says the chance of fundamental reform is...
11 February 2021
From: Breaking News
![Stamp Duty may not be so bad after all, argues leading analyst](/img/default/eat.png)
A housing market analyst says stamp duty, for all its unpopularity within the property industry, may not be so bad after...
08 February 2021
From: Breaking News
![Calls grow to reform ALL property taxes, not just stamp duty](/img/default/eat.png)
Pressure is building for widespread property tax reform beyond short term issues regarding stamp duty. Many MPs in this week’s 65-minute special...
05 February 2021
From: Breaking News
![New Property Tax Grab: Wealth tax supporters repeat call for levy](/img/default/eat.png)
A group that last year floated the concept of a one-off wealth tax - which would include taxing main homes as...
03 February 2021
From: Breaking News
![Stamp Duty Debate As It Happened - What MPs Said](/img/default/eat.png)
Labour and Conservative MPs have expressed a unanimous view on their desire to see an extension of the stamp duty holiday...
01 February 2021
From: Breaking News
![Lockdown means viewings and sales will fall, says Phil Spencer](/img/default/eat.png)
Property commentator Phil Spencer says lockdown - which we know will now last for another six weeks at least, and possibly...
28 January 2021
From: Breaking News
![Dozens of Tory MPs demand stamp duty extension from Sunak](/img/default/eat.png)
The Northern Research Group, which has the backing of over 50 Conservative MPs in the north of England, wants the Chancellor...
18 January 2021
From: Breaking News
![MPs to debate stamp duty as Chancellor considers extension](/img/default/eat.png)
Chancellor Rishi Sunak is considering an extension to the current stamp duty holiday according to media reports today - and the...
17 January 2021
From: Breaking News
![Phil Spencer: What challenges lie ahead as 2021 gets underway?](/img/default/eat.png)
Following a turbulent 2020 in which the property market and the professionals working within it excelled in the face of unprecedented...
04 January 2021
From: Breaking News
![You guessed it…10 things to watch for in 2021](/img/default/eat.png)
Here’s hoping you managed to have as good a Christmas and New Year as Covid rules allowed. Journalism in early January is...
02 January 2021
From: Features
![Budget date is in time for U-turn on stamp duty holiday extension...](/img/default/eat.png)
The next Budget will be held on March 3 next year - in time for Chancellor Rishi Sunak to change his...
18 December 2020
From: Breaking News
![Capital Gains Tax hike may LOSE money, says investment chief](/img/default/eat.png)
A leading property consultancy is suggesting that a possible increase in Capital Gains Tax could end up losing money for the...
10 December 2020
From: Breaking News
![UK’s property taxes highest in world according to official figures](/img/default/eat.png)
The UK has topped the rankings for the highest property taxes as a percentage of overall taxation in the developed world...
09 December 2020
From: Breaking News
![Rural property benefits from Covid-19 and the property use revolution](/img/default/eat.png)
The secure Conservative victory in the 2019 General Election meant the property market in the sunlit uplands was set for a...
28 November 2020
From: Features
![Property tax rises and falling house prices coming in 2021](/img/default/eat.png)
Property tax rises and falling house prices look as if they are on the way according to the small print accompanying...
26 November 2020
From: Breaking News
![Sunak pledges new homes but does not hike property tax - yet](/img/default/eat.png)
Chancellor Rishi Sunak has resisted changing any property taxes in the short term, but has used his Spending Review statement to...
25 November 2020
From: Breaking News
![Sunak’s Big Day: “Don’t make knee-jerk property tax rises” he’s told](/img/default/eat.png)
Today sees the government’s Spending Review, with Chancellor Rishi Sunak taking centre stage as he presents a 12 month spending plan to...
25 November 2020
From: Breaking News
![Call for mortgage guarantee scheme plus longer stamp duty holiday](/img/default/eat.png)
The National Association of Estate Agents wants the government to initiate a mortgage guarantee scheme to encourage more 95 per cent...
20 October 2020
From: Breaking News
![Stamp duty surcharge - details emerge for non-resident purchases](/img/default/eat.png)
The government has published draft legislation giving further details on the two per cent stamp duty surcharge on non-residents purchasing residential...
10 September 2020
From: Breaking News
![Big rises in property taxes expected to pay for virus spending](/img/default/eat.png)
Hefty increases in taxes on the purchase and sale of holiday homes and buy to let properties are expected in the...
01 September 2020
From: Breaking News
![It’s a trap! Stamp duty holiday could lead to property taxes - claim](/img/default/eat.png)
A prominent industry figure says the current stamp duty holiday could effectively be a trap to lure in buyers who will...
21 August 2020
From: Breaking News
![Stamp Duty dithering could kill the market, warn angry agents](/img/default/eat.png)
Agents have spoken out angrily against any uncertainty in the market caused by government leaks about future stamp duty changes. In recent...
07 July 2020
From: Breaking News
![Delay property tax change until market revives, experts tell government](/img/default/eat.png)
A taxation institute is urging the government to delay Capital Gains Tax changes relating to housing transactions until the virus crisis...
03 June 2020
From: Breaking News
![New campaign wants controlled viewings, loans for buyers and SDLT holiday](/img/default/eat.png)
NAEA Propertymark has today launched a campaign for the government to introduce what it calls a Property Sector Support Package. This would...
01 May 2020
From: Breaking News
![Vendors may have to estimate CGT on sales under new rule](/img/default/eat.png)
A property tax specialist is warning that sellers of buy to lets or holiday homes may have to estimate their own...
29 April 2020
From: Breaking News
![Johnson’s Mansion Tax: angry Tories hit out at ‘socialism lite’](/img/default/eat.png)
Conservatives have been lining up to criticise a mansion tax which may be introduced on expensive homes to fund infrastructure improvements...
11 February 2020
From: Breaking News
![Mansion Tax on high value houses being considered by government](/img/default/eat.png)
Boris Johnson is considering introducing a mansion tax for high value homes according to a Sunday newspaper. The Telegraph - citing two...
08 February 2020
From: Breaking News
![What next for property in 2020?](/img/default/eat.png)
After a year dogged by Brexit deadlock, political turmoil, and slow growth, estate agents’ confidence in the property market hit a...
04 January 2020
From: Features
![General election 2019: The housing crisis remains a top issue](/img/default/eat.png)
With Brexit still unresolved, the domestic agenda has been pushed from the headlines by the seemingly overwhelming public and political discord...
07 December 2019
From: Features
![Shock advice to buyers: Consider waiting in case Labour scraps SDLT](/img/default/eat.png)
Until now General Election pledges of stamp duty reforms were restricted to the Conservatives - but now a tax consultancy says...
06 November 2019
From: Breaking News
![Stamp Duty: agency poll shows doubt over Johnson honouring pledge](/img/default/eat.png)
A survey undertaken for estate agency Jackson-Stops reveals that 55 per cent of people do not believe housing is a priority...
04 November 2019
From: Breaking News
![Agents hate Stamp Duty - but what happens in other countries?](/img/default/eat.png)
Stamp duty won’t take centre stage at the Conservative Party conference - that’ll be Brexit, quelle surprise. But if the government...
27 September 2019
From: Breaking News
![Property Tax reform - don't stop at stamp duty, Boris Johnson urged](/img/default/eat.png)
Prime Minister Boris Johnson has been urged to go further with property tax reform and not just stop at reducing stamp...
06 August 2019
From: Breaking News
![Treat Johnson’s stamp duty promises with caution, say top agents](/img/default/eat.png)
One of the country’s most respected agents has advised the agency industry to treat Boris Johnson’s pledges with real caution. Black Brick buying...
24 July 2019
From: Breaking News
![What now for the agency industry as Boris Johnson takes over?](/img/default/eat.png)
Our own industry’s upheaval over recent years has been no less dramatic than the turmoil at Westminster. The political earthquake has seen...
23 July 2019
From: Breaking News
![Boris Johnson stamp duty plans disastrous for one part of the country](/img/default/eat.png)
A leading agent has suggested that some parts of the UK would face “a property exodus” if Boris Johnson’s proposals for...
15 July 2019
From: Breaking News
![What would a Corbyn government mean for sales and lettings?](/img/default/eat.png)
While media attention has been on Theresa May, Brexit and the Tories, chatter in the agency industry has been about what...
25 May 2019
From: Features
![Stamp duty revenue collapses by over a quarter as transactions tumble](/img/default/eat.png)
A new and comprehensive analysis of the housing market shows a jaw-dropping collapse in stamp duty revenue going to the Treasury...
02 May 2019
From: Breaking News
![Another property tax backfires on government as revenue plummets](/img/default/eat.png)
HM Revenue & Customs is set to pocket £60m less from one of its property taxes than it forecast. An analysis of...
10 April 2019
From: Breaking News
![Why stamp duty should be abolished and not just reformed](/img/default/eat.png)
Over the last few years, there have a number of changes to the stamp duty land tax (SDLT) regime, which have...
23 March 2019
From: Features
![Prime Central London transactions now only 50% of 2013 levels](/img/default/eat.png)
Strutt & Parker says transaction levels in Prime Central London, already at a low ebb, plummeted a further nine per cent...
08 February 2019
From: Breaking News
![Landmark tax ruling could be good news for holiday home market](/img/default/eat.png)
The holiday home market may still be struggling in the wake of the three per cent additional homes stamp duty surcharge...
28 November 2018
From: Breaking News
![Havoc, Grim and Short Term - Property taxes under fire once again](/img/default/eat.png)
It’s Budget day and the government is once again on the receiving end of a blast from one of the country’s...
29 October 2018
From: Breaking News
![New agency's stamp duty question: Do we need another property tax](/img/default/eat.png)
“Do we really need another tax?” - that’s the question from a new buying agency, querying why the government wants to...
08 October 2018
From: Breaking News
![Labour wants London property tax revenue to be given to Sadiq Khan](/img/default/eat.png)
Labour says stamp duty receipts and other tax income from properties in the capital should go to the Mayor, Sadiq Kahn,...