All Budget articles – Page 5
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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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Online
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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Online
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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Online
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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Online
Brexit & Budget the talk of Mipim
Just like the weather at Mipim, George Osborne’s latest Budget was a mixture of sunshine and gloom.
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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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Online
Mixed 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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Online
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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Online
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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Online
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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Online
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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Online
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.