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UK property developers hit with new tax to remove unsafe cladding


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It hit the news yesterday that property developers in the UK will be hit with new taxes to pay for the removal of unsafe cladding after the Grenfell tragedy. This announcement has resulted in shares in property developers falling; https://www.cityam.com/uk-property-developers-hit-with-new-taxes-to-pay-for-unsafe-cladding-removal/

Interesting to see the continuing effort to replace all unsafe cladding on buildings across the UK, I expect this is far from the last development in this story this year.

Mark Rocks
Community Builder and Content Writer

www.propertyhub.net

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