The Government’s assault on buy-to-let investors has led stamp duty receipts to fall by £1bn – by far the biggest drop since the financial crisis.
Figures published today by HM Revenue & Customs show the tax take from stamp duty has fallen to £11.9bn in 2018/19 from £12.9bn the previous year after a decade of almost constant increases.
The tax, paid on a percentage of the purchase price by people buying a home, has frequently been used as a political weapon by successive Governments.
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Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
