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March 21, 2012

British residential property worth more than £2 million (€2.4 million) will be subject to a new 7% stamp duty charge, while a 15% levy will apply to such properties brought via a company.

British residential property worth more than £2 million (€2.4 million) will be subject to a new 7% stamp duty charge, while a 15% levy will apply to such properties brought via a company.

These were among the measures most likely to affect the very wealthy in the UK that were announced as part of Budget 2012.

Described as “a real sting in the tail” by Sophie Dworetzsky, partner in the wealth planning team at international law firm Withers, the 15% stamp duty charge is widely seen as an attempt to crack down on tax duty avoidance.

March 1, 2006

Observers had been convinced he would make it too costly, but Gordon Brown’s thumbs up on the launch of UK real estate investment trusts mean family investors have some new investment options to examine – from both the buy and the sell-side, finds Melanie Stern

Melanie Stern is section editor of Families in Business.

Observers had been convinced he would make it too costly, but Gordon Brown's thumbs up on the launch of UK real estate investment trusts mean family investors have some new investment options to examine – from both the buy and the sell-side, finds Melanie Stern

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