Tag: taxation
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Stamp duty relief for first-time buyers should be permanent, expert says
Tax relief for first-time buyers should be made permanent in next month’s Budget, property experts have said. Richard Donnell, chief executive of Zoopla, said: “If the Government wanted to help first-time buyers in the upcoming budget one option would be to make the relief permanent.” He added, the proposals could go “further”, suggesting it could ... -
Commercial real-estate risk for banks points to opportunities for other investors
The risky commercial real-estate market — and not only partially empty office buildings — came to the fore again this week when shares of New York Community Bancorp NYCB fell 38% on Wednesday and dropped another 11% on Thursday. New York Community Bancorp nearly doubled in size over a two-year period that included the acquisition ...