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Thursday 17 May 2007

Clearing up a confusion on HIP

Many articles in the written and spoken press are stating that the fine for marketing a house without a HIP is £200, this is not accurate. In fact the fine is £200 per day see here or here. Of course you wont find any mention of a fine at all on the government's own site here, is anyone really surprised by this omission? This government, or more exactly the Treasury, is once again raising money by imposing another tax fine on a once legal activity.

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