News Archive: tax

Page 4 of 25 - Results per page: 50

20, 2009 November:

Stamp duty holiday falls flat

The stamp duty holiday implemented last September, at the height of the property downturn, has fallen well short of Government targets, helping only 115,447 UK home buyers in its first year - less than a quarter of the number predicted to benefit, according to leading property website Zoopla.co.uk...

18, 2009 November:

NZ tax rules to be changed

Some New Zealand property tax rules look set to be altered in order to generate more money for the state and rebalance the economy, ANZ economists said today - ANZ's weekly Market Focus newsletter said that while the price of property in New Zealand had improved in recent months, comments made by the Reserve Bank last week suggested that there was a good chance that some policies surrounding the New Zealand property market, such as tax, would be changed in order to help prop up the country's economy...

17, 2009 November:

Air Passenger Duty condemned

Tourism ministers from more than 100 countries have strongly criticised the increase in Air Passenger Duty (APD) imposed by the Government this month...

13, 2009 November:

Renaming council tax?

The Government has announced that it will rename Council Tax Benefit as Council Tax Rebate as part of the campaign to encourage pensioners to claim the help they are entitled to - campaign groups, including the Royal British Legion, are concerned that pensioners are reluctant to claim a ‘benefit'...

11, 2009 November:

UK: stamp duty change

Latimer Hinks Solicitors is warning first time buyers that they will need to re-evaluate their finances in the wake of the residential Stamp Duty Land Tax (SDLT) threshold reverting to its previous rate...

06, 2009 November:

Recession ‘muting tax rises'

Council tax rises could average as low as 1.6 per cent this year, research suggests - a survey by the Local Government Chronicle puts the likely annual increase at its lowest level for over a decade...

03, 2009 November:

Israel raises rates

Israel, which has been the best-performing residential property market this year, may lose its standing after becoming one of the first countries to raise interest rates since the global recession began...

02, 2009 November:

Agents: VAT claims

Agents may be able to reclaim VAT on insurance commissions, following a High Court ruling against HMRC...

28, 2009 October:

Holiday relief tax

Britons who let out holiday homes in the UK are likely to be losing their furnished holiday lettings tax relief, next April - new legislation, details of which are expected in November's pre-Budget report, are expected to outline changes to the tax rules for furnished properties available to let for at least 140 days a year and actually let for 70 days year...

27, 2009 October:

UK ‘stealth tax'

Second home owners will be hit with a "stealth tax" of thousands of pounds a year under legislation to be announced by the Chancellor Alistair Darling in his Pre-Budget Report (PBR) next month - the move by will hit an estimated 60,000 property owners who let out their second homes to paying guests for a substantial part of the year...

16, 2009 October:

Spending a penny

A Devon couple who paid six months' council tax in advance have received an apology after getting a letter back saying the cheque was 1p short...

12, 2009 October:

Great Britain?

Whatever happened to Great Britain is the question we should be asking ourselves this morning after new research revealed that Britain is the worst place to live in Europe despite having the highest salaries - this positive monetary aspect was cancelled out by a poor climate, long working hours and high household and grocery bills...

05, 2009 October:

Mansion tax

Country Life explains why the mansion tax proposed by the Lib Dems would have nasty repercussions for the economy as a whole...

Paying more for legroom

Extra-legroom seats on flights could be a casualty of the rise in Air Passenger Duty - Britain's leading travel companies say they will abandon their premium-economy cabins if the Government presses ahead with its plans to increase Air Passenger Duty (APD) in November...

30, 2009 September:

New tax laws for Singapore

A change to the Singapore tax law, which was due to take effect in January next year, has been the subject of much controversy as many believe that the new rules could be extremely damaging to the country's property industry - but now the Singapore Government has made a move to clarify the changes and reassure those that the rules will not be a negative change - but some remain unconvinced...

24, 2009 September:

Taxing times in Trinidad

Property owners in Trinidad are up in arms following an announcement from the country's Government that they will face far higher taxes from next year - something which is bound to have a detrimental affect on the number of international investors keen to invest in the Trinidad property market...

21, 2009 September:

Capital gains tax for NZ?

One of the attractions of buying property in New Zealand as a foreign investor is the lack of capital gains tax on property there - but now all that is set to change with an announcement that the tax system is being reviewed and this unpopular tax could be introduced soon...

New US tourist tax

The travel industry has criticised plans to introduce a $10 (£6) tax on all British holidaymakers entering the United States...

15, 2009 September:

Snooper's handbook

If you have just proudly added an en suite bathroom to your house or laid a tiled floor in your conservatory, then beware - as part of secret plans for a council tax hike on the middle classes, inspectors have been armed with a new 'snoopers handbook' to ensure that no home improvement - however discreet --escapes their scrutiny...

New tax for NZ?

New Zealand Labour leader Phil Goff says his party is prepared to discuss a capital gains tax with the Government, opening the way for an accord on a tax that has long been a political hot potato...

09, 2009 September:

‘Green tax' on Maldives

Holidaymakers planning to take a trip to the Maldives could soon find themselves being forced to fork out an ‘environmental tax,' as part of a drive to help reverse the affects of climate change and bring in the much needed tourist cash...

28, 2009 August:

Taxing times

American bankers living over here in London have been so put off by the high living costs and tax increases - those earning over £150,000 a year will be taxed at 50 per cent from April next year and nondoms will have to pay a large annual fee to retain their tax friendly status - that they are selling up and heading home...

25, 2009 August:

Window tax: a pane

Hard-up families will be forced to pay more council tax if they do not have double-glazing under barmy new proposals...

18, 2009 August:

New property tax for Egypt

Egypt plans to introduce new residential and commercial property taxes in January next year as part of a series of plans to help modernise the country's outdated taxation system and boost the economy - but the tax stands to have a negative impact on international investors as it may put them off buying property in the country...

17, 2009 August:

UK, Liechtenstein tax deal

HM Revenue & Customs (HMRC) has agreed to begin a mutual exchange of knowledge with Liechtenstein, in order to end its status as a tax haven...

13, 2009 August:

Investment boom for St Lucia

Demand for property in St Lucia is set to skyrocket following news that new direct flights from both the UK and the USA are set to take off from October this year - making access to the Caribbean island far quicker and easier - and when coupled with the country's tax holiday on rental income, St Lucia is looking a solid bet for investors and holidaymakers alike...

Value (un) added tax

Labour has resurrected the idea of a tax on house values as it looks to find a replacement for the council tax, it emerged today...

07, 2009 August:

Canada renovation credit

Homeowners are being encouraged to utilise Canada's proposed Home Renovation Tax Credit (HRTC) if they plan to make renovations to their homes in the next six months...

05, 2009 August:

Tax breaks for India

Real estate developers in India are to get tax breaks if they complete projects by March 2010 as part of a major stimulus drive by the Government to boost the country's recovering economy...

04, 2009 August:

Beware council tax scam

Trading standards officers in Wandsworth are warning residents that fraudsters are using a sophisticated new council tax scam to try and steal from them...

03, 2009 August:

No clues on Stamp Duty

A petition on the Downing Street website calling for the suspension of Stamp Duty for three years has now received a response from the Government...

29, 2009 July:

Tax change in Singapore

Proposals to change to income tax laws on gains from property sales in Singapore has come under fire as some believe it is a move to curb real estate speculators...

24, 2009 July:

Party like it's 2010

New Years Eve is inevitably a bit of a let down - nothing ever seems to quite match up to that glittering sense of anticipation - and this coming one seems to signal a longer hangover for the UK property market as, from 1st January 2010, all those with investment funds in the Channel Islands, Isle of Man and British Virgin Islands will be able to invest in French property free of the annual three per cent tax on their open market value - meaning that funds that would have boosted the UK property market may be taken to France instead...

Council tax up £1,500

Average council tax bill to soar to record £1,500 from next year - an extra £50 will be added to council tax bills to cover new rules for holiday pay for town hall staff...

21, 2009 July:

Bin that tax

Households will face higher council tax bills to have their waste collected because the Government's increasingly strict bin policies threaten to hamper recycling efforts, according to a new study...

20, 2009 July:

Secret rise in council tax

Council tax is one of the heftiest bills most of us regularly face and so news that thousands of us Brits could see our tax rising by more than £600 following a series of secret revaluations will not come as welcome news...

14, 2009 July:

Last chance for tax rebate

Landlords of holiday homes overseas that they let out may be entitled to a tax rebate, but they must proceed swiftly, as the deadline for submitting claims to HM Revenue & Customs (HMRC) is the end of July...

09, 2009 July:

Royal rates

There are certain things one doesn't think of the Queen ever doing - and one of them is paying a council tax bill - it's all far too ordinary for the Royals - well, actually the Queen does pay that dreaded tax on Buckingham Palace and new research has revealed that she pays far less than those who live in small semis in neighbouring Lambeth...

02, 2009 July:

New scheme for council tax

A protocol to ensure better council tax arrears collection practices will be launched today by Citizens Advice and the Local Government Association (LGA) at the LGA conference in Harrogate...

29, 2009 June:

Oz halves stamp duty

Come July 1st this year, all buyers of new homes in New South Wales, Australia, will be given a 50 per cent reduction in stamp duty in a bid to kick-start residential construction, jobs and economic activity across the state...

25, 2009 June:

Prize for paying tax

A plan to offer a cash prize draw to people who pay their council tax by direct debit has been branded "madness" by some councilors...

18, 2009 June:

Wealthy look elsewhere

New tax regimes have encouraged some wealthy London residents to consider moving elsewhere, says a new report...

17, 2009 June:

Last chance for tax break

There are only a few weeks left in which Brits who rent out their furnished holiday homes in Europe can claim a retrospective tax rebate - so get onto HM Revenue and Customs before July 31st this year and you could potentially save thousands of pounds...

10, 2009 June:

Channel of communication

Residents of the Channel Islands just off the French coast who have invested in property in France could benefit from the recent Tax Information Exchange Agreement with the French Government...

27, 2009 May:

A million paying wrong council tax

Ministers were accused of a cover-up last night after it emerged that a million households could be paying the wrong council tax...

Tax Free properties return to London

Londoners will be pleased to learn that the number of London properties available that fall below the required value to qualify for stamp duty is on the increase, according to an article in the Evening Standard...

26, 2009 May:

Help for Spain

In the annual state of the nation debate held last week, Spain's President announced a package of economic measures designed to boost the Spanish economy...

12, 2009 May:

Strictly star beats buy-to-let tax trap

Landlords who rent out former homes can enjoy healthy tax relief on capital gains, as Strictly Come Dancing star Camilla Dallerup found out..

08, 2009 May:

Are you eligible?

Overseas mortgage adviser, Conti, is reminding Britons who rent out second homes in Europe that they could now be eligible for a tax rebate from HM Revenue & Customs...