Homebuyers in the UK Face Penalties of Up to £11,250 for Missing Tax Deadline
2 months ago
In a significant update for homebuyers across the United Kingdom, new regulations will impose hefty fines for those who miss the payment deadline for the Stamp Duty Land Tax (SDLT). Starting in early 2025, buyers will face an additional charge of up to £11,250, depending on the value of their purchased property and the duration of the delay in filing.
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UK House Prices Surge as Buyers Rush to Beat Tax Deadline, Reports Halifax
2 months ago
The British housing market has seen a notable uptick in property prices as potential buyers scramble to complete their purchases ahead of an impending tax deadline. According to a report released by Halifax, one of the UK’s leading mortgage lenders, this surge in demand has pushed average home prices to new heights.
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