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Property Tax

  • Industry hits out at rumours as No 10 denies plan to abolish stamp duty and council tax

    Politics

    Andy Burnham is “not considering” scrapping stamp duty and council tax, Downing Street has said, as the government moves to pour cold water on rumours of major tax changes that had spooked property sector leaders. Business chiefs condemned the government over the danger of property tax speculation after reports over the weekend suggested that Burnham [...]

    Two women view property listings in an estate agents window, one takes a photo with her phone. Real estate, stamp duty.
  • London homeowners should stand up to Burnham’s property tax grab plans

    Opinion

    Andy Burnham has previously a ‘proportional property tax’ which would mean Londoner’s taxes going to pay for leisure centres in the North, says Charles Amos When it comes to the question of Britain’s most hated tax, council tax is only beaten by inheritance tax. Yet for Andy Burnham its reform and increase of the upper [...]

    London residential architecture showcasing a classic townhouse with brick facade and traditional design elements
  • UK property taxes are highest in world – and they’re rising

    Economics

    The UK has the highest level of property taxes of any major economy in the world as a share of the economy, according to new analysis, with new business reforms only set to add to the load.  The global tax firm Ryan said the UK suffered a heavier property tax burden than the likes of [...]

    Rachel Reeves at construction site, inspecting housebuilding progress, highlighting Labours commitment to housing developm...
  • Rachel Reeves to slap wealth tax on £2m homes

    November 24, 2025

    Rachel Reeves will reportedly impose a property levy on homes worth more than £2m, hitting 100,000 properties with a new wealth tax that is expected to raise just £450m.  The Chancellor is in the final phase of Budget preparations, with measures expected to include some more complex changes to the UK tax regime as she [...]

  • Brits delay moving houses over Budget fears

    November 20, 2025

    Nearly one in five Brits considering moving house have stalled their plans ahead of the Budget, a new survey has indicated, in a fresh warning to the Treasury about the damage caused by leaks and speculation. Around 17 per cent of potential movers surveyed by property website Rightmove said they have paused their plans to [...]

  • The taxes driving housing developers out of London

    October 22, 2025

    Stealth taxes faced by would-be builders have made London the most expensive city in the world to build, writes David Hirst.

  • Property taxes send UK to ‘second-bottom’ of global rankings

    October 20, 2025

    The UK is second-bottom of global competitiveness rankings for property taxes, fresh analysis has shown, undermining Chancellor Rachel Reeves’ ambition to “back the builders, not the blockers”.  The Tax Foundation’s International Tax Competitiveness Index placed the UK at 32nd out of 38 in a damning indictment of HMRC’s complicated rules and a higher burden preventing [...]

  • Build, baby, build? Not without serious property tax reform

    October 20, 2025

    YIMBYs are right about planning reform, but we must also urgently tackle our broken property tax system to beat the housing crisis.

  • The Debate: Should we abolish stamp duty for primary homes?

    October 15, 2025

    Kemi Badenoch's promise to abolish stamp duty was met with cheers by the Conservatives, but is it actually a good idea?

  • Economic uncertainty pushes potential house buyers to hold off

    September 30, 2025

    An unpredictable economic and policy landscape has caused a slowdown in housebuying activity in the UK, according to new data. There were 93,630 UK residential transactions in August, two per cent higher than August 2024 but two per cent lower than July 2025, according to HMRC. There’s been a “noticeable shift” in sentiment amongst Brits [...]

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