{"id":123701,"date":"2021-12-09T07:01:03","date_gmt":"2021-12-09T00:01:03","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-urged-to-tax-3tn-windfall-from-20-years-of-soaring-house-prices\/"},"modified":"2021-12-09T08:03:32","modified_gmt":"2021-12-09T01:03:32","slug":"uk-urged-to-tax-3tn-windfall-from-20-years-of-soaring-house-prices","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-urged-to-tax-3tn-windfall-from-20-years-of-soaring-house-prices\/","title":{"rendered":"UK urged to tax \u00a33tn windfall from 20 years of soaring house prices"},"content":{"rendered":"


\nThinktank says capital gains tax should be applied so poorer households are spared from paying more in taxThe \u00a33tn windfall from soaring house prices in the past 20 years should be subject to a capital gains levy so that poorer households can be spared paying more in tax, a thinktank has urged.A report from the Resolution Foundation said the government should consider applying capital gains tax (CGT) to increases in the value of main residences in the UK as well as to sales of second homes, instead of increasing tax on income and profits. Continue reading…
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\nSource : theguardian.com
\nRead more…UK urged to tax \u00a33tn windfall from 20 years of soaring house prices<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Thinktank says capital gains tax should be applied so poorer households are spared from paying...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-123701","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-wbb","jetpack-related-posts":[{"id":58442,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-owners-2-3tn-windfall-has-created-huge-inequality-gap\/","url_meta":{"origin":123701,"position":0},"title":"Property owners' \u00a32.3tn windfall 'has created huge inequality gap'","date":"June 20, 2017","format":false,"excerpt":"\r Younger people have been priced out of home ownership as baby boomers have benefited, says Resolution FoundationA \u00a32.3tn windfall for those lucky enough to own their own homes during the property boom of the 1990s and early 2000s has opened up a deep and widening inequality gap between the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10610,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ifs-predicts-future-capital-gains-tax-cuts-will-favour-the-rich\/","url_meta":{"origin":123701,"position":1},"title":"IFS predicts future capital gains tax cuts will favour the rich","date":"April 14, 2016","format":false,"excerpt":"\r Institute for Fiscal Studies thinktank says chancellor likely to reduce rates in next budget despite concerns about inequalityThe government is likely to favour the rich in the next budget with further reductions in capital gains tax rates, despite concerns about inequality, according to Paul Johnson, director of the Institute\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133482,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/groundhog-year-uk-disposable-incomes-to-fall-by-3-8-in-2023\/","url_meta":{"origin":123701,"position":2},"title":"\u2018Groundhog year\u2019: UK disposable incomes to fall by 3.8% in 2023","date":"December 30, 2022","format":false,"excerpt":"\r The Resolution Foundation thinktank forecasts a drop in living standards for a second year as the cost of living crisis deepensHouseholds are facing a \u201cgroundhog year\u201d in 2023, as soaring gas bills and planned tax rises squeeze disposable incomes and send living standards tumbling for the second year running.Higher\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":142750,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/your-home-sale-may-leave-you-in-a-tax-shock-heres-how-to-reduce-your-capital-gains-tax-bill\/","url_meta":{"origin":123701,"position":3},"title":"Your home sale may leave you in a tax shock. Here's how to reduce your capital gains tax bill","date":"February 24, 2024","format":false,"excerpt":"\r If you made a profit selling your home in 2023, that windfall could be subject to capital gains taxes. Here's what sellers need to know this season.\r \r Source : cnbc.com\r Read more...Your home sale may leave you in a tax shock. Here's how to reduce your capital gains\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3515,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/introduce-capital-gains-charge-on-property-says-thinktank\/","url_meta":{"origin":123701,"position":4},"title":"Introduce capital gains charge on property, says thinktank","date":"February 3, 2016","format":false,"excerpt":"\r Government should bring in annual levy to slow house price rises, according to the National Institute of Economic and Social ResearchBritain\u2019s housing crisis can only be solved if the government switches to an annual capital gains charge on homes, according to a report. The National Institute of Economic and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":141714,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-uk-person-has-lost-out-on-10200-since-2010-thinktank-says\/","url_meta":{"origin":123701,"position":5},"title":"Average UK person has lost out on \u00a310,200 since 2010, thinktank says","date":"January 22, 2024","format":false,"excerpt":"\r Comparing actual economic growth across UK cities with pre-2010 trends shows Aberdeen \u00a345,000 poorer, with Burnley next at \u00a328,000People in Aberdeen are a total of \u00a345,000 worse off since 2010 after suffering the worst growth performance in the UK over the last decade, according to a report exposing the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/123701"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=123701"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/123701\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=123701"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=123701"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=123701"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}