The government really needs ‘to wake up and change the tax landscape’ – London Business News | Londonlovesbusiness.com

Plans which is able to see WH Smith disappear from the Excessive Road marks a “very unhappy day”, a number one knowledgeable has mentioned. Keith Edelman mentioned the announcement was a “wake-up” name for the Authorities to do extra to assist retail. He mentioned, it “is a really unhappy day...

Stamp duty hangover hits London as 80% first-time buyers face tax rise

It was good whereas it lasted however London’s property market is now going through a spring hangover as the results of the top of the stamp obligation vacation take impact. For instance, a first-time purchaser buying a £550,000 property will see stamp obligation rise from £6,250 to £15,000 within the...

83% of EV owners were unaware they will likely need to pay more tax from April  – London Business News | Londonlovesbusiness.com

EV homeowners ought to re-tax their automotive earlier than April to save lots of near £200 over the following twelve months. The recommendation follows new analysis from Motorpoint which revealed that 83% of EV homeowners had been unaware that they might possible have to pay extra tax from April 2025....

EU Moves Closer to Putting a Waste Tax on Fashion

The EU agreed a deal Tuesday on new guidelines that can make massive trend corporations pay to wash up clothes waste.The deal between the European Union’s Parliament and Council requires all EU international locations to determine Prolonged Producer Duty schemes, making corporations producing and promoting textiles accountable for masking the...

Stamp duty tax: here’s what homebuyers must pay from April

The Autumn Finances, delivered by Chancellor Rachel Reeves on 30 October 2024, revealed that the stamp obligation surcharge on second properties and buy-to-let properties could be growing to 5 per cent from the following day. Labour had been urged to think about freezing stamp obligation tax at present discounted charges...

From rent reform to tax changes: 2024’s biggest property stories

Past the headlines, this has been a 12 months of rising property traits: an increase in “Birdnesting” amongst divorced {couples}, households embracing condo residing and “propfluencers” shaking up the capital’s property scene.From rental reform to new airspace developments, listed here are a few of the 12 months’s greatest property tales.The...

Tax rise for North Sea oil and gas could ‘kill goose that lays the golden egg’

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