All Budget articles – Page 5
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Online
Crackdown on tax paid by offshore firms
Legislation is to be introduced 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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OnlineMixed bag of business rates reforms included in Budget
George Osborne received a mixed reaction to a raft of changes to business rates announced in today’s Budget.
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Budget boost for Crossrail 2
A government contribution of £80m was announced in today’s budget to allow plans for the north-south Crossrail 2 project in London to proceed.
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Online
HS3 gets government backing
The proposed High Speed 3 rail link between Manchester and Leeds received a £60m boost in today’s budget.
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Industry slams increase in commercial stamp duty
George Osborne has angered the industry with a shock increase in stamp duty on higher value commercial properties, which landlords and advisors claim will slow growth and could potentially damage the government’s devolution drive.
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Osborne deals 'huge blow' to private rented sector
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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Osborne confirms devolution deals
George Osborne has today confirmed plans for a £1.5bn devolution deal for Edinburgh, along with a clutch of other deals to devolve powers and funding to regional cities.
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Crossrail 2 and HS3 to be backed in budget
Two major rail projects are set to receive formal backing from George Osborne in tomorrow’s Budget announcement.
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Online
Cardiff authorities sign £1.2bn city deal
A £1.2bn city deal designed to stimulate economic growth across South Wales has been agreed.
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Black Country to get largest ever garden city
The Black Country is set to get 45,000 new homes under plans for a new garden city in the region, and is seeking £6bn of investment across 550 sites.
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News
Biggest deal yet: Osborne to set out plans for £1.5bn Edinburgh devolution agreement
George Osborne is expected to lay out the framework for a £1.5bn devolution deal for Edinburgh in next week’s Budget, in what would be the biggest city deal so far.
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Online
Councils to trial brownfield land register
The government has unveiled a list of 73 councils that will pioneer the use of a new initiative aimed at speeding up development on brownfield land.
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Pension tax changes: action points for employers
Some employers may still be trying to work out what action to take over their ‘high earners’.
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Osborne unveils new drive to sell off public sector land
The chancellor has committed to releasing public sector land with capacity for 160,000 homes by 2020, representing a more than 50% increase on the last parliament
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London buyers get turbo-charged Help to Buy
The government will provide equity loans to cover up to 40% of the price of homes in London, under an extension of the Help to Buy scheme unveiled by George Osborne today.
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Osborne drops buy-to-let stamp duty bombshell
George Osborne has announced a crackdown on the buy-to-let market with a new 3% stamp duty to be levied on the purchase of additional properties.
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Local councils to keep all receipts from asset sales
Local councils will be able to keep 100% of the receipts from assets they sell, including property, to spend on improving services in their area, the chancellor has said.
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Autumn Statement 2015: property industry reaction
A full round up of reaction from the property industry to measures announced by George Osborne today.
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Online
Osborne pledges £6.9bn in new home ownership drive
George Osborne has launched “the biggest housebuilding programme since the 1970s” in the autumn statement today.
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News
Tax changes may ‘kill off’ amateur buy-to-let market
Tax changes announced in the summer Budget could “kill off” part of the buy-to-let market, according to investment experts.
