An update on one of life's certainties. What is happening to property tax?

One of America's founding fathers, Benjamin Franklin, famously cited that death and taxes were the only two certainties in life anywhere in the world. What is less well known is that for nearly all of two decade leading up to him signing of the Declaration of Independence, Benjamin Franklin lived in London at 36 Craven Street, Charing Cross. Colin Campbell, private banker and lending specialist, led a discussion on recent changes to UK property taxation and how people could plan to ensure that any of these changes can be included in their plans for managing their wealth. The original 30 minutes was extended to answer our audience's questions. On the agenda was the policy changes that have recently come into force (such as the stamp duty holiday due to end on 31 March 2021), and those that have been announced but are yet to take effect (such as the additional 2% stamp duty surcharge for overseas buyers from 1 April 2021). The panel also flagged the options that have been floated by policymakers, but have yet to form UK government policy (such as the potential realignment of capital gains tax levels with income tax bands). Joining Colin on the panel were: - Rachel do Souza, partner in the London private client team at RSM - John Williams, head of wealth planning at Nedbank Private Wealth