Inheriting the burden
Language: English Series: Property Week ; 72(37) 14 September 2007, 66(1)Publication details: 2007Subject(s): Summary: Reports on the causes and effects of the increased liability to residential property taxation over the last ten years. The increased tax burden has been fuelled by rapid house price growth; the reform of Stamp Duty rates; and an increasing effective rate of tax. Inheritance Tax on housing is estimated to have grown by 180% within five years. This is assumed to be a deliberate government policy. A more aggressive approach to the application of residential tax breaks compounds the expectation that housing will become a greater and more permanent contributor to Treasury funds.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L140361 (Browse shelf(Opens below)) | 1 | Available | 140361-1001 |
Reports on the causes and effects of the increased liability to residential property taxation over the last ten years. The increased tax burden has been fuelled by rapid house price growth; the reform of Stamp Duty rates; and an increasing effective rate of tax. Inheritance Tax on housing is estimated to have grown by 180% within five years. This is assumed to be a deliberate government policy. A more aggressive approach to the application of residential tax breaks compounds the expectation that housing will become a greater and more permanent contributor to Treasury funds.