General election 2019: Labour plans extra property tax on foreign buyers
Image copyright Getty Images Image caption The lower pound has been luring foreign buyers to the London residential market
Labour has pledged to put an extra tax on foreign companies and trusts buying property in the UK.
It is part of the party’s wider tax plans and would charge offshore firms 20% for property purchases, on top of existing stamp duties and surcharges.
Shadow chancellor John…
Discover more from USNewsRank
Subscribe to get the latest posts sent to your email.