Some prime property buyers in the UK are paying among the lowest property tax rates in Europe, following the temporary cuts to stamp duty introduced in the chancellor’s summer statement.
International accountancy firm UHY conducted analysis which shows UK buyers would pay just 1.93 percent on a property worth $1 million, compared with the Europe average of 4.53 percent.
UK chancellor Rishi Sunak announced on 8 July that buyers would pay no stamp duty...
Start a free trial now for access to breaking news and cutting edge analysis of the wealth management industry.
You are currently not logged in,
login to view the full article
start by clicking this button.
Need a subscription,
fill out the form here or
contact subs@thewealthnet.com
PAM Insight is the world’s leading independent provider of essential specialist news, analysis and comparative data for the fast-evolving world of wealth management.
Read more about PAM
