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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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All Zoomed Out. How Collaboration Has Become the Kill Switch of Hotel Creativity

Category: Opinion, Posted:03 Aug 2020 | 09:20 am There is no mistaking the sound of a flushing toilet. It’s not a sudden rainstorm, or the whoosh of a juiced up, flash mob of joggers on steroids passing by on the street. Arguably, it’s a dirty little low-pitched thunder from down under that somehow triggers the gag reflex. Remember Trainspotting?  Welcome to the world […]
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Are Hong Kong’s Global Luxury Hotel Brands Headed for an Identity Crisis?

Category: Opinion|Hotels, Posted:02 Aug 2020 | 08:50 am Hong Kong’s position as one of the leading worldwide host cities for luxury hotel brands has long been an envious one. The line-up that includes Mandarin Oriental, Peninsula, Shangri-La, Rosewood and Langham is rapidly finding that the unique sense of corporate place has become a perilous balancing act. Mind you, I sit on no political […]
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Condo Hotels Hit Bangkok Property Market

Category: Hotels, Posted:01 Aug 2020 | 15:10 pm Bangkok’s real estate scene is about to see a new wave of condo hotel developments that have already been seen across Southeast Asia’s resort markets over the past decade. The Wyndham hospitality chain and brands are being used as a vehicle for Thai group Siamese Asset under a license and franchise offering, with white label […]