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Property Tax

  • Brits shy away from buying houses as uncertainty over property tax increases

    September 11, 2025

    Buyer inquiries and sales slipped in August, with ‘ongoing uncertainty’ putting the brakes on the UK’s housing market, according to new data. Agreed sales slipped sharply, with a net balance of 24 per cent of property professionals seeing transactions fall, up from a balance of 17 per cent the previous month, the Royal Institution of [...]

  • Angela Rayner on the brink: Deputy PM underpaid stamp duty on purchase of £800,000 property 

    September 3, 2025

    Deputy prime minister Angela Rayner has referred herself to the standards watchdog after she admitted to underpaying stamp duty on her second home in Hove.  A spokesperson for Keir Starmer has refused to confirm the date Rayner informed the Prime Minister about her tax dealings, raising questions on when he found out about new tax [...]

  • How likely are property tax reforms in the Autumn budget?

    September 3, 2025

    Rumours have been swirling in Westminster about a variety of property tax changes Rachel Reeves might introduce in this Autumn’s budget – or further down the line – in an attempt to plug a £40bn gap in the nation’s finances while overhauling a complex system of levies and charges. The Treasury is reportedly looking into [...]

  • Stamp duty overhaul could save prime London buyers £500k

    September 1, 2025

    Buyers of prime London mansions could see huge benefits from a move to an annual property tax, according to new data. Chancellor Rachel Reeves is reportedly considering replacing stamp duty with a new national property tax on homes, as well as replacing council tax with an annual property tax. Stamp duty, which is paid in bands tied [...]

  • House sales rise in summer, but will property tax rumours kill confidence?

    August 29, 2025

    The UK housing market has proved remarkably resilient this year despite significant pressures, with sales on track to match 2022 highs. The number of UK residential transactions in July was 95,580, four per cent higher than July 2024 and one per cent higher than June 2025, according to the latest data from HMRC. The market [...]

  • New property tax will mean more over-65s living in family homes they don’t need

    August 21, 2025

    More than half of Brits living in homes too big for them. We need incentives for over-65s to downsize, not punitive property taxes.

  • Reeves’ punitive property tax will hurt London the most

    August 19, 2025

    Labour’s mulled property tax could stall the housing market - and it's Londoners who will suffer most, writes Steven Mulholland.

  • Rachel Reeves’ tax hikes are driving wealthy overseas investors to flee London

    July 14, 2025

    Chancellor Rachel Reeves’ tax hikes have had the “feared impact” of driving wealthy overseas investors to flee London to escape double taxation of their worldwide income, the company behind The Shard has said. Real Estate Management (UK), which is ultimately owned by the State of Qatar, has revealed the exodus has resulted in it being [...]

  • Which taxes hurt growth the most?

    April 24, 2025

    No business enjoys paying taxes. The knock to a company’s bottom line, as well as the costs of compliance with a sprawling regulatory regime, can leave execs foaming at the mouth. But some taxes are more damaging to growth than others. And, according to fresh research, some have virtually no negative economic impact at all. [...]

  • Can the government tax its way to a building boom?

    October 26, 2024

    Labour have big plans for house building and infrastructure so what can we expect on property taxes in the Budget? Tim Sarson has the answers Cut through the post-election chatter about black holes and freebies and there is one theme that keeps coming up as a top political priority. Building things. I can’t remember a [...]

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