000 to each resident and new arrival.Chan also pledged to reduce salaries tax and businesses profits tax by 100 percent, subject to a ceiling of HK$6,000, benefiting 1.9 million taxpayers and 134,000 businesses. To help first-time home buyers, the financial secretary announced stamp duty cuts...
000 to each resident and new arrival. Chan also pledged to reduce salaries tax and businesses profits tax by 100 percent, subject to a ceiling of HK$6,000, benefiting 1.9 million taxpayers and 134,000 businesses. To help first-time home buyers, the financial secretary announced stamp duty cu...
subject to a ceiling of HK$6,000, benefiting 1.9 million taxpayers and 134,000 businesses. To help first-time home buyers, the financial secretary announced stamp duty cuts for those
Ben Beadle is chief executive of the National Residential Landlords Association (NRLA), the UK’s largest trade body for landlords. A landlord himself since the age of 20, Ben started out as property manager before working his way up through the ranks at theTenancy Deposit Scheme. ...
The stamp duty relief for farm consolidation, contained in section 81B of the Stamp Duties Consolidation Act 1999, is being extended for a further two years to 30 June 2009. The relief is also to be extended to qualifying exchanges of land where only one farmer is consolidating his/her hold...
Stamp duty is a tax you often have to pay if you buy a home or piece of land over a certain price in England or Northern Ireland. Buyers of more than one property in a single transaction completing on or after June 1, will have to pay stamp duty after the relief has been abolished...
The decision not to future-proof the Lifetime ISA or extend the current Stamp Duty relief beyond next March is a blow for first-time buyers at a time when affordability is already a key obstacle. A considered strategy to support first-time buyers now and into the future is needed and ...
a. pay the property’s final stamp duty liability as an upfront lump sum; or b. use a government-facilitated 'transition loan' to pay fixed instalments of that stamp duty liability (plus interest) over a 10 year period. Once a property enters the new system: ...
and I abolished stamp duty for first-time buyers on properties up to £300,000. Some 121,500 first-time buyers have already benefited from our new relief, and the number of first-time buyers is at an 11-year high. Today, I am extending that relief to all first-time buyers of d ow...
with effect from today. The threshold at which stamp duty will become payable is to be doubled to £250,000 and the threshold for first time buyers is to rise to £425,000. The maximum value for the first-time buyer’s relief will now be increased from £500,000 to £625,000...