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Read the Latest News on UK Delays Low-carbon Rules, UK Pays Bae $5b for Royal Navy SSN-AUKUS, Global Holdings Builds UK’s Largest Full Timber Edifice, and Hs2 Train Link Frustrates Business

UK Construction Blog

It lowers bills—a 2021 analysis estimated that a well insulated new-build using low-carbon energy would save the average home £200 a year, presumably considerably more today. Since then, Cameron has called for Conservative governments to use “muscular intervention” to transition to a low-carbon economy. Cameron declined to comment.

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Stamp Duty Budget 2024: What Property Buyers Need to Know

UK Construction Blog

Key Takeaways The 2024 Budget introduces significant changes to Stamp Duty Land Tax (SDLT) with new rates for residential properties, impacting transaction costs for both buyers and investors. Non-UK residents will face an increased SDLT surcharge, aiming to balance the competitive landscape for domestic buyers and curb foreign investment.

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Stamp Duty Scotland: Understanding LBTT Rates and How They Affect You

UK Construction Blog

Stamp duty Scotland, officially known as Land and Buildings Transaction Tax (LBTT), is a tax on buying property in Scotland. It replaced the Stamp Duty Land Tax in 2015. Stamp Duty Land Tax (SDLT) applies to property purchases in England and Northern Ireland. What is Land and Buildings Transaction Tax (LBTT)?