March 17th, 2016 / Insight posted in Articles

FT Adviser – Blow for landlords but commercial property sweetener

The chancellor has announced commercial property taxes will be reformed along the lines of residential stamp duty land tax. Mark Fielden, a Tax Partner at Kingston Smith, said: “Following the introduction of graduated rates of stamp duty for residential properties, the same approach has now been adopted for commercial properties,” adding this was “welcome news for small businesses looking to invest in new premises”.

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