Listed buildings VAT Budget surprise

The removal of the zero rate for alterations to listed buildings was one of the few aspects of the Budget that hadn't been trailed in the press. While repairs on listed buildings have always been subject to full rate VAT, when the extent of the repair was so great, providing it been granted listed building consent and was neither deemed a repair or maintenance, previously it could be argued it qualified for zero-rate VAT.The move to make alterations become taxable at the standard rate was Read more [...]

House Hunt: Open Houses For Mar. 24 and 25

To see more information on the properties listed below, visit the Rhode Island Living website and enter the MLS number in the search box. 75 Hopkins Ave. MLS# 1009428. This raised ranch is located near the Scituate line.  The home features an open floor plan with 3-4 bedrooms, 2.5 baths, a finished lower level with a walkout and a 2-car garage. Open house: March 24 from noon – 2 p.m. Listed at  $255,000 (price change). Karl Martone, RE/MAX Properties, (401) 232-3900. 15 Shore Dr. MLS# 1011960. Read more [...]

Fewer sports events ensured on free-to-air

Enabling Cookies in Internet Explorer 7, 8 9 Open the Internet Browser Click Tools Internet OptionsPrivacyAdvanced Check Override automatic cookie handling For First-party Cookies and Third-party Cookies click Accept Click OK and OK Enabling Cookies in Firefox Open the Firefox browser Click ToolsOptionsPrivacyUse custom settings for history Check Accept cookies from sites Check Accept third party cookies Select Keep until: they expire Click OK Enabling Read more [...]

Evonik listing depends on 15 bln eur valuation- sources

By Matthias Inverardi and Matthias Sobolewski FRANKFURT, March 22 (Reuters) - German industrial conglomerate Evonik will only be listed on the stock exchange if there is enough demand in the share sale to value the company at 15 billion euros ($19.8 billion), seven people with knowledge of the matter told Reuters on Thursday. The publicly owned RAG Foundation holds some 75 percent of Evonik and its executive committee, the so-called board of trustees, plans to decide finally on Read more [...]

Local Number of Home Sales Show Promise

(Source: Chelsey Levingston Dayton Daily News, Ohio) – A pick-up in home sales and fewer foreclosures coming to market are leading to new lows in the supply of homes for sale, and that has helped stabilize home prices, said realtors and real estate experts. The change is one of the more positive signs in the housing market in recent months, said National Association of Realtors spokesman Walter Molony. Until now, prices had failed to recover from the housing slump and have contributed Read more [...]

Fewer sports events ensured on free-to-air

Iconic events such as the AFL grand final will remain on free-to-air TV. Picture: Quinn Rooney Source: PerthNow THE Federal Government will have the power to influence the number of NRL and AFL matches televised live each week, under new broadcast industry reforms that will make room for online and digital media. The legislation introduced in Parliament today Read more [...]

Redfin Gives Home Buyers the Advantage with Instant Updates

SEATTLE, March 22, 2012 /PRNewswire via COMTEX/ -- Redfin, the technology-powered real estate broker, today released Instant Updates, the first service to immediately email new home listings and price changes to customers, and let them schedule tours directly from the email. While other major real estate websites send listing update emails daily or weekly, Read more [...]

VAT increase on listed buildings will ‘discourgage improvements’

“I think it may prevent buildings from being altered in a way that gives them a sustainable future. Without mods cons such as kitchens, loos and disabled access, how can these buildings be adapted to modern use and earn their keep? Mr Osborne also caused anger by refusing to reduce the VAT for repair work to listed buildings. Harry Cotterell, the president of the Country, Land and Business Association, said: “What has happened with VAT for work on listed buildings is not Read more [...]

Stamp duty hike targets trophy homes

By Helen Carson Thursday, 22 March 2012 Well-heeled Northern Ireland house-hunters looking for a mansion appear to be unaffected by the budget where a 7% stamp duty will be imposed on homes costing more than £2m.George Osborne's move to slap a mansion tax on houses sought after by the super-rich was widely predicted.And he has vowed to police the practice whereby wealthy buyers purchase luxury homes with prestigious post codes through Read more [...]