UK is one of the cheapest countries to invest in residential property
First published in Economic Voice, 18 April 2014
T3 (Total Tax Take) research conducted by Taxand has shown that the UK is one of the cheapest countries for investors involved in the development and sale of residential property, when considering the total tax take.
The UK has a total tax rate of 8.88% on the development of residential property for sale, the second lowest and only beaten by Luxembourg which has an overall rate of 8.46%. The UK stands in stark contrast to those countries at the other end of the table, such as Chile, which has a total tax take of 27.53% or Denmark with 26.41% on residential sales...
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