Residential property taxation: Introducing the new Annual Residential Property Tax and extended Capital Gains Tax rules for ‘non-natural persons’
The Finance Bill 2013 was published on 11 December, along with the Government’s much awaited response to their consultation on “Ensuring the fair taxation of residential property transactions”. As anticipated, the Government has moved to introduce a new annual tax on high value properties held by certain ‘non-natural persons’ (NNPs) and additional capital gains tax (CGT) rules to ensure a “fair taxation of residential property”.
Click on the link above to download briefing.
News from Winckworth Sherwood
News from The Lawyer
Briefings from Winckworth Sherwood
There is increasing interest by local authorities in joining with housing associations and developers in joint ventures.
Figures released by the Office of the Head of International Family Justice for England and Wales reveal a 40 per cent increase in the number of international family disputes handled in the last year.