New figures show that property taxes – often rising as a result of frozen thresholds – lead the way as the overall fiscal burden on landlords and others has increased at the start of the financial year.
Stamp duty receipts for April 2022 to March 2023 have been revealed to hit £19.3 billion – this is £0.7 billion higher than a year earlier, when the housing market was particularly frenzied.
Inheritance tax receipts – most of them based on property wealth – rose to £7.1 billion in the same period, some £1 billion higher than the year before.