Latest property news
UK Government pursues stronger powers to tackle tax non-compliance
Plans are afoot to strengthen HMRC (HM Revenue and Customs) to act quickly and robustly against professional tax advisers who help clients avoid paying the correct tax. Propertymark welcomes this because it aligns with our calls to the Treasury, and we support HMRC’s ambition to ensure the financial sector upholds the highest standards and integrity of the tax system.
Housing is the foundation that's needed to get Britain working
Propertymark urges the UK Government to make access to housing a central part of its welfare system reform. Without suitable affordable housing options, it will be much harder to address other barriers to work, such as improving physical and mental health or engagement with education and training. Proposals in the Pathways to Work Green Paper will overhaul the existing system and introduce new initiatives, including unemployment insurance, to create sustainable health and disability benefits and employment support.
Welsh Revenue Authority prepares for bigger role as visitor levy plans progress
A new Corporate Plan for 2025 to 2028 sets out how the Welsh Revenue Authority (WRA) will expand its responsibilities and strengthen service delivery. The plan signals a step change in the WRA’s role, with implications for agents operating across the short-term lettings and tourism sectors in Wales.