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New British Property Capital Gains Tax

Category: Real estate, Posted:01 Mar 2015 | 06:00 am

Britain will roll out a new capital gains tax on real estate on April 6th.
This scheme is aimed at foreign non-resident purchasers looking to flip properties.
The tax range will be between 18 and 28%.
Property speculation has been a growing issue for the country and the new tax is intended to curb the practice.

Other News

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Serviced Apartment Sector Surges In Pandemic

Category: Real estate, Posted:16 Apr 2021 | 10:41 am Probably the best performing tier of accommodation in the pandemic has been serviced apartments and extended stay. Much has to do with the spacious unit sizes and kitchens for work from home guests.  Additionally they have limited, less crowed facilities so there is less of a fear factor versus larger hotels. In Thailand, during the […]
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Hua Hin Set To Grow International Airlift

Category: Tourism, Posted:12 Apr 2021 | 06:00 am One of Thailand’s best performing hotel sectors is Hua Hin. Well, let’s just say it is the best market over the past twelve months of the pandemic. The destination is now poised to look ahead post-Covid and is looking to increase overseas airlift once the country reopens. Aside from the current expansion of the gateway […]
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Mass Phuket Hotel Vaccination Drive Underway

Category: Tourism, Posted:10 Apr 2021 | 17:14 pm Check out an insightful view of how Phuket’s tourism industry has come together and are pushing forward on a massive vaccination drive for hotels across the island. An inspiring story of how the island is working together. Over the past week more than 70,000 people, mostly staff of Phuket hotels have been vaccinated across the […]