TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

1.20 Property Transactions Statistics

HMRC has issued statistics regarding estimates of the number and aggregate value of property transactions for 2006 to 2008.

The statistics note that the number of transactions (priced at £40,000 or above) in the UK fell by 789,000 between 2006 and 2008 with the biggest decline being in the number of transactions being carried out by individuals, with the fall here being 752,000 or 46.5%. While the overall number of transactions fell by 45% in the period, the fall in value was 38%.

The full report can be accessed at http://www.hmrc.gov.uk/stats/survey_of_prop/menu.htm