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Reeves’s Property Tax Plans Could Leave Homeowners Facing “Backdoor Death Duties,” Analysis Warns

The UK government will impose a graduated council tax surcharge from £2,500 to £7,500 on homes over £2 million, affecting 155,000 properties in England by 2028.

Summary
Rachel Reeves’s property tax raid could hit homeowners with “backdoor death duties” of up to £140,077, analysis shows. The Chancellor is expected to allow some “asset-rich, cash-poor” homeowners to defer paying Labour’s new council tax surcharge of up to £7,500 a year on high-value properties.

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GB News broke the news in London, United Kingdom on Saturday, November 29, 2025.
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