Government confirms ‘developing approach’ to mansion tax valuations
Exchequer Secretary hints at how £2mn+ homes will be revalued for the new High Value Council Tax Surcharge.
Budget 2025: Chancellor confirms a ‘mansion tax’ & higher rates on property income
High-value homes will face significantly higher Council Tax bills, while landlords will pay a larger share of their property income to HMRC.
Budget 2025: OBR leak confirms ‘mansion tax’ on £2mn+ homes from April 2028
Office for Budget Responsibility report published early 'in error' - including details of a new Council Tax surcharge on high-value homes.
Deferred mansion tax bills ‘could face 8% interest’
Reports highlight the potential high cost of deferring a tax bill.
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Government confirms ‘developing approach’ to mansion tax valuations
Exchequer Secretary hints at how £2mn+ homes will be revalued for the new High Value Council Tax Surcharge.
Budget 2025 Debrief: Prime market heavyweights lament a ‘missed opportunity’
The Chancellor sidestepped some of the most feared tax measures - but to these leading players in estate agency, tax, legal and finance - that was about the only good news.