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MP Blasts Mansion Tax for ‘Punishing Those Who Have Saved Hard and Worked for the Homes They Love’
Summary by lincsonline.co.uk
4 Articles
4 Articles
Prime London homeowners to face property tax hike of up to 437% with new mansion tax: Jefferies London
Owners of prime London residences are set to face a rise in their annual property tax bill following the introduction of a new “mansion tax” aimed at UK properties valued at GBP2 million ($3.4 million) and above. The High Value Council Tax Surcharge, announced last month as part of the UK’s Autumn Budget 2025, will take effect in 2028. Currently, UK homeowners pay an annual council tax, with the amount based on the property’s council tax band. …
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