This Is Money Show
Will there really be a new property tax - and how would it work?
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:44:46
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Sinopsis
We’re still a couple of months away from the Autumn Budget, but already the rumour mill is in overdrive. But while pensions, inheritance and even cash Isas have taken the spotlight in the past year, this week, a new tax target has emerged... property. This week, Helen Crane, Lee Boyce and Georgie Frost look at the wild ideas being bandied about when it comes to reform on how we pay tax on homes. The Treasury shut down the idea of a ‘seller tax’ on homes above £500,000, but other plans appear to be on the table. This includes an annual property tax to replace stamp duty, replacing council tax with an annual local tax based on property values and a potential ‘mansion tax’ – AKA, levying a capital gains tax bill on properties sold over a certain value. Elsewhere, we warn over the rise of a sophisticated deepfake scam involving well known investment gurus – and how people were ensnared into a pump and dump ruse. We investigate the airport currency rip-off. Sure, most of us know we’ll get a poorer rate by le