3 d. ago Phil Spencer: catastrophic rumoured tax reforms would hit ordinary Londoners

Rumours that Chancellor Rachel Reeves is considering property tax reforms that include scrapping stamp duty, a tax on home sales over £500,000 and collecting capital gains tax (CGT) on homes over £1.5 million when they sell are likely to slow the housing market according to Zoopla.

Events

9 d. ago Life inside the Cotswolds' cheapest town where homes are up to £600k cheaper... but it is STILL too expensive for locals

With its chocolate box villages of pretty limestone houses, the region can be expensive for those wanting to live the idyllic 'quintessential England' countryside life.

Economics

9 d. ago Lord Blunkett says Starmer should suspend ECHR to deport thousands of rejected asylum seekers and 'get a grip' on migrant crisis

The ex-Labour home secretary urged ministers to take the 'radical' step as fury grows over the use of nearly 200 hotels to house 32,000 asylum seekers at taxpayers' expense

Events

1 week ago 'I live in one of UK’s most expensive towns loved by celebs where houses cost millions'

The pretty town has an average house price of £1.1 million and has past residents including Ricky Gervais and James Corden

Society

1 week ago Migrant hotel protests LIVE: Counter demonstrations face off as tensions soar

Anti-migrant protests have become more widespread as campaigners complain about people being housed at the taxpayers' expense with counter demonstrators arguing diversity makes the country stronger

Events

1 week ago Voices: What is the fairest way to tax property in the UK? Join The Independent Debate

Readers are divided over the fairness of proposed reforms to UK property taxes, debating whether they tackle unearned wealth or unfairly penalise ordinary homeowners

Society

1 week ago Reeves’s ‘mansion tax’ makes ‘no sense’ and could lose Treasury money, former IFS chief warns

The chancellor is reportedly planning to levy capital gains on the sale of first properties

Events

1 week ago STEPHEN GLOVER: Even our family homes are not sacrosanct for this desperate, foolish Government. If Starmer breaks his promise on Capital Gains Tax, no one should trust anything he says ever again

Until now those fortunate enough to own their home have had the consolation that they won't have to pay Capital Gains Tax on it if they come to sell, writes STEPHEN GLOVER. No longer, it seems.

Politics

1 week ago Homeowners could be hit with new tax as Chancellor aims to fill ‘£41 billion shortfall’

Rachel Reeves could end capital gains tax relief for people selling high-value homes

Economics

1 week ago Reeves ‘mansion tax’ makes ‘no sense’ and could cause Treasury to lose money, former IFS director warns

The chancellor is reportedly planning to levy capital gains on the sale of first properties

Events

1 week ago Rachel Reeves' new property tax could hit downsizing pensioners in the pocket by changing the rules for selling a family home

In what has been dubbed a form of 'mansion tax', the Chancellor is reportedly looking to end the exemption from capital gains tax when owners of higher-value properties sell up.

Society

1 week ago Reeves’ ‘mansion tax’ would stall home sales and fuel exodus of super

The chancellor is reportedly planning to levy capital gains on the sale of first properties

Economics

1 week ago Now Rachel Reeves will hit pensioners in the pocket with fresh tax raid: Labour 'looks to make selling family homes liable for capital gains'

In what has been dubbed a 'mansion tax', the Chancellor is reportedly looking to end the exemption from capital gains tax when owners of higher-value properties sell up.

Economics

1 week ago Rachel Reeves' 'mansion tax' plan: What is capital gains tax, who pays and what could change?

In the latest furore over Labour's plans for property taxes, Chancellor Rachel Reeves is reported to be considering taxing some of those who sell their home and make a profit.

Economics

1 week ago Rachel Reeves considers ‘mansion tax’ to fill Treasury black hole

The chancellor is seeking ways to raise cash in the face of dire warnings about the state of the public finances

Politics

1 week ago Treasury minister fails to rule out hitting homeowners with capital gains tax

Chancellor Rachel Reeves is reportedly considering ending capital gains tax relief for people selling high-value homes.

Politics

1 week ago Now Rachel Reeves plans a 'mansion tax' as Chancellor 'seeks to hit owners of high

The Chancellor is reportedly drawing up plans to end the current exemption from capital gains tax when some people sell their main home.

Events

1 week ago Reeves explores reform to capital gains tax on expensive houses

UK Treasury considers overhaul of property levies as ministers confront a hole in the public finances of at least £20bn 

Economics

1 week ago Reeves explores reform of capital gains tax on expensive houses

UK Treasury considers overhaul of property levies as ministers confront hole in public finances of at least £20bn 

Economics

2 w. ago Treasury targeting inheritance tax reforms to help plug UK deficit

Exclusive: Chancellor also looking at tweaks to capital gains tax to try to bridge £40bn-plus spending gap before budgetThe Treasury is looking at ways to raise more money from inheritance tax amid growing pressure on the country’s finances ahead of the autumn budget, sources have told the Guardian.Officials have been tasked with examining whether tightening rules on the gifting of money and assets could be one way of addressing a gap between revenue and spending that is estimated to reach more than £40bn. Continue reading...

Events