The UK Government announced last week that it has cut Stamp Duty Land Tax. Implemented on 4 December 2014, the changes aim to make Stamp Duty payments fairer. The government estimates that the changes will help 98% of those who are liable for the duty. Our Mobility Insights Stamp Duty Reforms provides more information on these changes and how they may impact your UK relocation programme.
Tag Archives: Government
Immigration can be one of the biggest challenges in a global relocation programme. Our latest Cartus Mobility Insights gives a 2014 update on Netherlands immigration and discusses future legislative changes. These changes may impact international assignees moving to the Netherlands, although encouragingly, most are aimed to make immigration processes easier and quicker for organisations.
Combined Work and Residence Permit
Since April of this year, third-country nationals (foreign nationals from countries outside of the European Union, European Economic Area, and Switzerland) may now apply for a combined work and residence permit. Previously, a work permit had to be applied for separately, so this [...] Read More
From my home in Montreal, I have a good view of the U.S. real estate market. The housing correction has had a serious impact on the American economy. As home values have decreased, many people owe more on their mortgages than their homes are worth. The number of foreclosures and short sales has increased significantly.
The Canadian government has recently implemented new standards to prevent a similar occurrence in this country. The impact of these rules on relocation is that employees being transferred to higher cost cities such as Toronto and Vancouver might not qualify for a new mortgage based on [...] Read More