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VAT Insight - Land and Property

 

Posted on 13 December 2017

As we near the end of 2017, the land and property sector continues to show signs of improvement and growth albeit this is subject to regional and sub-sector variances. 
 
Residential developers and house builders remain under pressure from Government to increase current levels of new builds. In Budget 2017 Government announced a target of 300,000 new homes per year.
 
However, this is not straightforward with limitations on the availability of land in certain areas. The market may be further buoyed in 2018 when Stamp Duty Land Tax charges are relaxed for first time buyers, although concerns have been raised that if increased demand exceeds availability then this could lead to a rise in house prices.
 
To download our comprehensive insight into the land and property sector, click here.
 
 
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