Consultation on new residential property developer tax

On 10 February 2021, the Government announced that it would introduce a new Residential Property Developer Tax as part of its Building Safety Package. The Government is now consulting on the design of that tax ahead of its inclusion in the 2021-22 Finance Bill. The consultation runs until 22 July 2021.

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Cladding crisis brought all my fears to the surface

I bought my apartment in 2018 as a first-time buyer. It took two jobs, a nine-to-five and an evening shift, to get a deposit. After a bad experience buying a flat off-plan (which ended with going to court to get my deposit back), I thought a flat that was built and ready to move into was a safe choice.

Two years later, stuck in the home I bought in good faith, I can no longer see a path to any future I had planned. This flat has gone from being my personal space, in which I was free to be myself, to a place I fear and despise due to the cladding crisis.

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