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zerohedge.comMayor Zohran Mamdani released a housing plan that includes a proposed four-year rent freeze on nearly one million rent-regulated apartments and provisions to transfer ownership of some distressed buildings to nonprofits or tenants. The plan also offers limited exemptions for cert…
New tax rules will impose a 30 per cent flat rate on family trust distributions starting in two years. Property owners face capital gains tax on transfers but not on inheritances. Negative gearing deductions will be deferred rather than eliminated.
The TimesThe Treasury opened a consultation on whether non-UK resident owners of properties subject to the new high-value council tax surcharge should pay an additional premium. The surcharge begins in April 2028 and applies to homes valued at £2 million and above.