Thousands of homeowners could be slapped with a new property tax as part of Chancellor Rachel Reeves’s Budget reforms next week
It is understood the Treasury is floating a controversial property levy that could affect residences valued from just £135,000, despite the measure being termed a “mansion tax”.
If introduced, this tax would require revaluation of all properties in council tax bands F, G and H, representing one in ten homes across England.
Are you worried about a ‘mansion tax’ from Labour?
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