Tag: Stamp duty
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Wealthy Singaporeans Lead the $5 Million+ Luxury Home Surge
Overview: A Shift in Singapore’s Luxury Market Singapore’s luxury residential scene is evolving as wealthy local buyers increasingly capture the lion’s share of transactions priced at $5 million and above. While foreign buyers still participate, they remain a smaller fraction of the market due to tighter stamp duties and ongoing regulatory measures. This shift is…
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Reeves’s UK property tax changes could reshape the housing market
Introduction: What’s at stake for UK housing? With the political spotlight on housing policy, Deputy Prime Minister and former chancellor candidate Rachel Reeves has signaled a potential reshaping of UK property taxes. Among the proposals circulating in policy circles is the expansion of capital gains tax (CGT) to apply to main residences, along with other…
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How Reeves’s UK property tax changes could reshape the housing market
What the reforms could look like Prime Minister Reeves has signalled a shift in how property is taxed, with several ideas under consideration aimed at addressing wealth inequality, housing supply, and tax efficiency. The most talked-about proposal is to expand capital gains tax (CGT) to apply to gains on main residences, alongside reforms to how…
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SA Liberals Propose 2041 Stamp Duty Phase-Out Ahead of March Election
What the policy promises South Australia’s Liberal Party has unveiled a high-profile pledge to gradually eliminate stamp duty by the year 2041, should they win the upcoming March election. The ambitious plan aims to replace a revenue source traditionally tied to property transactions with alternate funding streams or reforms that supporters say will improve housing…
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SA Liberals pledge to phase out stamp duty by 2041 amid election clash
SA Liberals unveil plan to phase out stamp duty by 2041 The South Australian Liberal Party has outlined a ambitious policy to gradually abolish stamp duty on certain property transfers, with a target year of 2041 if they win the upcoming March election. The plan is pitched as a major boost to home buyers and…
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SA Liberals promise to phase out stamp duty by 2041 amid election clash
South Australia’s Liberal plan to phase out stamp duty by 2041 The South Australian Liberal Party has unveiled a bold policy: if elected in March, it would gradually phase out stamp duty over the next two decades, finishing the removal by 2041. The promise is a cornerstone of their economic platform, aimed at boosting housing…
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Conservatives pledge Stamp Duty abolition on primary residences to boost home ownership
Conservatives promise stamp duty abolition for primary residences The Conservative Party has announced a policy to abolish stamp duty on the purchase of primary residences in England and Northern Ireland, a move designed to bolster home ownership and bolster the party’s economic credibility ahead of the next general election. The pledge would see buyers pay…
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Tories pledge to scrap stamp duty on primary residences, Badenoch announces at conference
Conservatives outline a bold stamp duty pledge for primary residences In a keynote policy-focused address at the party conference, Conservative leader Kemi Badenoch laid out a plan that would abolish stamp duty on the sale of primary residences in England and Northern Ireland. If the Conservatives win the next election, buyers would no longer pay…
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Tories pledge to abolish stamp duty on primary residences announced by Kemi Badenoch
Executive summary In a policy-focused speech at the Conservative Party conference, housing and equality minister Kemi Badenoch laid out a bold proposal: abolish stamp duty on primary residences in England and Northern Ireland for purchases over £125,000. The pledge, part of a broader plan to boost the economy, aims to make home ownership more attainable…