HMRC
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Latest property news
Property sourcing agency fined over AML error says ‘we reported it’
Estate agency Jess Simpson Ltd is fined £6,300 even though it voluntarily flagged up the mistake to HMRC after its own system spotted error.
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Latest property news
Extra 2% Stamp Duty for overseas buyers criticised by agents
NAEA Propertymark says additional duty is leading to plethora of sales fall-throughs as purchasers realised additional cost of buying property.
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Latest property news
EXCLUSIVE: Government reveals where all the landlords live in the UK
Agents wondering the size of their potential landlord market now have an answer after government published list via a parliamentary question.
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Latest property news
Property market turns into a ‘frenzy’ latest HMRC figures show
Record seasonally-adjusted home sales during June are nearly double the normal level of 100,000 for the month.
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Latest property news
Tax specialist launches guaranteed Stamp Duty calculator for industry
Compass says agents, conveyancers, solicitors and agents handling property sales face mounting PI premiums as claims for inaccurate SDLT bills rise.
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Latest property news
Tax Day: Government commits to significant business rates reform
The Government's 'tax day' announcements have been dubbed a 'damp squib' but do include plans to overhaul business rates.
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Latest property news
New AML compliance service to cut time spent onboarding clients
Ince says its new service is being launched in the property industry first and will minimise human error and the risk of fines.
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Crime
Face up to it
Money laundering using property transactions may be an age-old problem, but 2021 will present new threats and changes for agents on the frontline, says Lisa Isaacs.
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Latest property news
Stamp duty extension must include tapering clause, warns leading conveyancer
Midlands and national firm Adcocks says tapering is needed to relieve pressure on an already stressed conveyancing system.
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Latest property news
Stamp Duty holiday has cost government £530 million so far
Agents wondering why Rishi Sunak hasn't backed down on extending the scheme yet, should take a look at the latest HMRC figures.
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