How would potential new property tax differ from stamp duty and council tax system?

How would potential new property tax differ from stamp duty and council tax system?

Treasury officials consider shake-up that could see tax paid by sellers of homes worth more than £500,000

The government is considering a new national property tax as the first step towards a radical shake-up of stamp duty and council tax.

The discussions taking place at the Treasury – revealed by the Guardian on Monday – have already prompted much debate and, perhaps inevitably, led to an outcry in some quarters. Here we consider how the current system works and how it could change.

Continue reading…   

​ 


Discover more from Stay Updated Finance News

Subscribe to get the latest posts sent to your email.

Author: admin

Leave a Reply

Your email address will not be published. Required fields are marked *