stamp-duty

The Hong Kong government will likely report a budget surplus of around 65 billion Hong Kong dollars US$8.38 billion for the current financial year ending March 31, due to surprisingly strong land sales and stamp-duty receipts, the person said.

Hong Kong Economy Likely Grew 5% in 2011 Chester Yung 2012

The changes already announced—lower stamp-duty tax and scrapping a REIT entry tax of 2%—should spark a wave of residential REITs in the U.K.'s £3 trillion residential-property market, said Phil Nicklin , real-estate tax partner at Deloitte and one of the main architects of the REIT regime in the U.K.

Changes Pave Way For U.K.'s First Residential REIT Anita Likus 2011

"Low interest rates and the current stamp-duty holiday for first-time buyers on all properties costing up to £250,000 only partially offset these adverse factors," he said.

Home mortgage lending hits a 10-year low in September Mark King 2010

But Chancellor of the Exchequer Alistair Darling made it clear that he was willing to protect treasury stamp-duty revenue by increasing the charges for £1 million properties to 5% of the price.

Boost for First-Time U.K. Home Buyers Ilona Billington 2010

The higher stamp-duty threshold, which will be implemented from midnight Wednesday and be in place for two years, is likely to cost the U.K.

Boost for First-Time U.K. Home Buyers Ilona Billington 2010

Darling said that this change should mean that nine out of 10 first-time buyers will now not have to pay stamp-duty fees.

Boost for First-Time U.K. Home Buyers Ilona Billington 2010

"Measures to help boost the housing market are welcome and will benefit a significant number of buyers, removing 50% of transactions from the stamp-duty system," RICS's chief economist, Simon Rubinsohn, said.

Boost for First-Time U.K. Home Buyers Ilona Billington 2010

"Measures to help boost the housing market are welcome and will benefit a significant number of buyers, removing 50% of transactions from the stamp-duty system," RICS's chief economist, Simon Rubinsohn, said.

Boost for First-Time U.K. Home Buyers Ilona Billington 2010

Darling said that this change should mean that nine out of 10 first-time buyers will now not have to pay stamp-duty fees.

Boost for First-Time U.K. Home Buyers Ilona Billington 2010

But Chancellor of the Exchequer Alistair Darling made it clear that he was willing to protect treasury stamp-duty revenue by increasing the charges for £1 million properties to 5% of the price.

Boost for First-Time U.K. Home Buyers Ilona Billington 2010