Developer Tax announced at 4% rate - Budget

Oct. 27, 2021
The government will make more than £5 billion available to remove unsafe cladding from the highest risk buildings, partly funded by the Residential Property Developer Tax which will be levied at a rate of 4% on profits over £25 million, chancellor Rishi Sunak said today (September 27). Sunak made the announcement as part of the Budget, with the developer tax …

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