Tax on foreign property investors supported

‘Nicole Blackmore examines ways in which the heat could be taken out of the housing market, noting new CGT rules that will apply to foreigners and expats from April 2015.

Regulators, Ms Blackmore says, could bring forward the new rules to deter wealthy foreign cash buyers.

Dominik Lipnicki of Your Mortgage Decisions, a broker, said: “There are whole blocks of properties in London owned by wealthy foreign investors that sit empty for most of the year. We would support a tax on the gains on these properties to free up some housing.”

Separately, the Sunday Times speculates on whether banks could be required to increase their leverage ratio in order to guard against a potential blow-up in the housing market.’

Source: The Sunday Telegraph



Sam Inkersole

In 2022, Sam won the Taxation’s Rising Star award at the Taxation Awards in and was named in the Accountancy Age 35 Under 35.

Jon Wedge

While Jon’s client work focuses on the financial services sector, he also oversees the firm’s assurance service, as well as supporting the trainees following in his footsteps.


Elana joined us in 2017 as an ACA trainee, after graduating from Durham University where she had studied languages. She is now a manager in our assurance team.


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