All Budget articles – Page 4
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OnlineSpring Budget: Property reacts to 'pathetic' business rates changes
Property experts have slammed chancellor Philip Hammond’s Budget for failing to help companies facing huge business rates hikes.
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Spring Budget: Hammond fails to provide detail on business rates reforms
Chancellor Philip Hammond has announced future reforms to the business rates revaluation system – but failed to provide substantial relief for companies facing rate hikes this year.
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Spring budget: fixing the 'broken' housing market
Sajid Javid has described the housing market as “broken”. Broken from decades of a planning system destroying the supply-side of the supply/demand balance, pushing up prices so that many first time buyers are middle-aged.
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Spring budget: stamp duty, greenfield and business rates top the agenda
The treasury has many issues to tackle in the Spring budget, not least housing, planning, infrastructure and commercial property.
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Spring Budget: chancellor must act to remove tax barriers
Backed by stronger-than-expected tax receipts, the chancellor has an opportunity to support property developers and investors by removing tax barriers that are blocking development and putting tenants at risk.
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News
Fashion chain avoids New Look stamp duty
Fashion chain New Look has saved close to £1m in stamp duty tax by rushing through its leasing deal at the Argent-led King’s Cross development to beat chancellor George Osborne’s shock hike last Wednesday.
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News
Private investors could cash in on commercial duty shift
The controversial changes to stamp duty on commercial property announced in last week’s Budget will actually benefit most private investors, according to Acuitus chairman Richard Auterac.
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Insight
Need to know: Budget shocks, hidden gems and... déjà vu
Last week’s Budget was the third George Osborne Budget in a year - and his fourth major set piece if you count the Autumn Statement.
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News
Government to ensure offshore developers pay UK tax
The government is to introduce legislation to ensure that offshore property developers working in the UK pay the same percentage of tax on their profits as UK-based firms.
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News
Osborne’s stamp duty reforms spark anger
George Osborne has scrapped plans to exempt large investors from the additional 3% stamp duty that is to be imposed on the purchase of second homes, in a move that is likely to hit the nascent build-to-rent sector.
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Insight
Osborne rains on property’s parade
It’s now been 262 days since Sir Howard Davies delivered his report into airport capacity in the South East and made a clear call for the government to back a new runway at Heathrow.
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Old Oak Common regeneration takes step forward
The government has confirmed plans to transfer the Network Rail and government-owned land at Old Oak Common into the ownership of the development corporation that has been set up to bring forward the regeneration of the massive west London site.
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Professional
Will the ‘permission in principle’ rule boost housing development?
The government has finally released details on how its latest planning reforms will work but how will the industry react?
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Stamp duty changes could net Treasury £500m
Lower growth forecasts, due to lower productivity, may look like gloomy news for retailers if it translates into lower wage growth and weaker consumer spending, but continued optimism around employment growth is good news for future demand for office space.
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Housebuilders cheered by Budget
Britain’s top share index rose on Wednesday as oil and gas stocks and housebuilders rallied on the back of proposals in chancellor George Osborne’s annual budget statement.
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Brexit & Budget the talk of Mipim
Just like the weather at Mipim, George Osborne’s latest Budget was a mixture of sunshine and gloom.
