The 33,000 Property Millionaires Who Could Dodge Labour’s Mansion Tax

The 33,000 property millionaires who could dodge Labour’s mansion tax

Tens of thousands of property millionaires living in “very expensive” homes could escape a mansion tax planned by Chancellor Rachel Reeves, new data shared with The i Paper shows. Targeting only those in the three highest council tax bands would see some residents in homes worth £1.5m or more dodging the tax expected to be announced at the Budget. Property and tax experts warned Reeves of a “serious backlash” if her new levy creates “bizarre unf…

Lammy to Dodge £700,000 Annual Mansion Tax Bill in Luxury Government Residence

Reeves's 'Mansion Tax' is due to revalue properties in council tax bands F, G and H by 2028 and potentially impose an additional annual charge of one per

Popping bubbles and taxing mansions • Resolution Foundation

Afternoon all, Five sleeps to go…and finally the Budget speculation, at least, will be over. I hope to see many of you at our morning-after event. The Government’s proposal to end for-profit ticket sales met with mixed reactions this week – never fear, our Budget reactions will always remain free (but have been known to sell out). I was slightly gutted to miss most of the epic Scottish victory on Tuesday but did instead get to sit in the middle …