Property Taxes

 


The government has issued a Business Rates Review: Call for Evidence following the commitment in the Spring 2020 Budget to conduct a fundamental review of the business rates system in England. The call for evidence is in two tranches. The first tranche concerns reliefs and the multiplier. 

HM Treasury has published a response to the consultation last year on introducing an SDLT surcharge for non-UK resident purchasers of residential property

The Chartered Institute of Taxation (CIOT) has welcomed the launch of a fundamental review of Business Rates in England. The Government published a call for evidence today following an initial announcement at Budget 2020.

The Stamp Duty Land Tax (Temporary Relief) Bill passed through the House of Commons on Monday of this week. The Bill ensures that anyone buying a main home for under £500,000 before the end of March next year will pay no stamp duty.

The Chartered Institute of Taxation (CIOT) has commented on today’s government announcements of a Job Retention Bonus and temporary cut in Stamp Duty Land Tax.

The Chartered Insitute of Taxation comments on COVID-19 and Stamp Taxes.

A live blog of the seventh public bill committee sitting of Finance Bill 2020 (also known as Finance Bill 2019-21), which took place on the morning of Tuesday 16 June 2020. The session covered clauses 72 to 85 in Part 3 of the Bill, which covers areas including IHT, Stamp Duty, VAT, alcohol, tobacco and vehicle excise duties.

A live blog of the third public bill committee sitting of Finance Bill 2020 (also known as Finance Bill 2019-21), which took place on Tuesday 9 June 2020 from 9.25am. Topics covered included the annual allowance for tax relief on pension contributions, changes to entrepreneurs' relief, private residence relief and corporate capital losses.

The Chartered Institute of Taxation (CIOT) is asking the Government to consider delaying changes to capital gains tax rules in relation to home sales, to take account of the impact of COVID-19 on the property market.

The Chartered Institute of Taxation (CIOT) respond to the Treasury Committee inquiry in to the Spring Budget 2020