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HomeBusinessReal EstateThe UK’s property tax take drops by almost £9bn y-o-y

The UK’s property tax take drops by almost £9bn y-o-y

Assets taxes accounted for 11.8% of the United Kingdom’s general tax soak up 2021, down from 12.4% a yr previous, in line with Altus Staff.Because of this about £1 in each £8.50 gathered by way of the federal government final yr got here from assets taxes, which incorporates council tax, industry charges, stamp responsibility land tax and, in Scotland, land and constructions transaction tax.

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