Today news
About the same in other media
UK urged to tax £3tn windfall from 20 years of soaring house prices
Reading now: 493
The £3tn windfall from soaring house prices in the past 20 years should be subject to a capital gains levy so that poorer households can be spared paying more in tax, a thinktank has urged.
A report from the Resolution Foundation said the government should consider applying capital gains tax (CGT) to increases in the value of main residences in the UK as well as to sales of second homes, instead of increasing tax on income and profits.
The thinktank admitted it would be a hard sell but said house
Read more on theguardian.comAbout this in other media
COVID: Omicron 'tidal wave' prompts UK to urge out-of-work teachers to return to classrooms euronews.com /2 years ago
UK house price boom ‘to end in 2022 amid cost of living squeeze’ theguardian.com /2 years ago
As cost of food and fuel soars, is there an appetite to raise UK interest rates? theguardian.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
