Home buyers in Wales will pay no tax on homes worth up to £225,000 under plans announced by finance minister Rebecca Evans. The threshold for paying Land Transaction Tax is being increased from £180,000 and the change will come into… Read more »
Tax
Council tax set to be rebalanced between households
Homes in Wales will be revalued for council tax for the first time in almost 20 years as part of plans to make the system fairer. Welsh Government said the reforms, which are part of the Co-operation Agreement with Plaid… Read more »
Minister slams Westminster over delays to vacant land tax
New tax powers to incentivise developers to complete stalled sites and build more homes are being held up in Westminster, says finance minister Rebecca Evans. The vacant land tax was first proposed in 2017 as a way to stop landowners… Read more »
Land tax holiday extends threshold to £250,000
People buying their main homes in Wales costing less than £250,000 will not pay any tax under temporary measures announced by finance minister Rebecca Evans on Tuesday. The starting threshold for land transaction tax will increase from £180,000 to £250,000… Read more »
Taking the Long View: the WHQ 100 lecture
Wales may be different but we are still exposed to market trends in a system that is now at breaking point. That was the message from Dr Peter Williams in The Welsh Housing Quarterly 25th Anniversary lecture. Peter (pictured right)… Read more »