mansion tax
Reality check: will ‘mansion tax police’ really be inspecting homes?
There are significant issues with the roll-out of the incoming High Value Council Tax Surcharge, but recent headlines seem a bit excitable.
Property prices are already ‘bunching’ around new mansion tax thresholds
'Some sellers are adjusting asking prices downwards,' reports big agency, as pricing strategies adapt to keep properties below the £2mn mark.
HMRC hiring spree to handle mansion tax valuations
Tax office recruits 1,000 valuation officials to help implement 2028's High Value Council Tax Surcharge.
Mapping the Mansion Tax: Exploring Britain’s £2mn+ property market
TwentyCi delves into the reach & real-world ramifications of 2028's High Value Council Tax Surcharge - suggesting it is already shaping high-value housing behaviour.
Rumourmill Roundup: 7 big tax changes that could hit the property market this Autumn
A flurry of Treasury leaks & speculation surfaced over the summer holidays, including proposals to end Stamp Duty, extend CGT & IHT, and to introduce a new annual property tax.
Rumourmill: Treasury considers Mansion Tax with CGT on high-value homes
The Chancellor is reportedly looking into charging Capital Gains Tax on top-end homes, and/or the prospect of an annual levy on the most expensive properties.
Scottish politicians float ‘mansion tax’ on £1mn+ homes
A reported amendment to the Scotland's new Housing Bill could mean a 'mansion tax on the biggest & most luxurious houses' as well as higher taxes on overseas buyers.
Los Angeles Times: The year of the ‘mansion tax’
12 months on, Measure ULA 'has either been a godsend or an absolute disaster, depending on who you ask,' says the LA Times.
LA’s mansion tax is now in play
Los Angeles saw a marked increase in high-value property sales in March, as brokers rushed to close deals before a new transaction tax was introduced on 1st April.
LA to implement ‘mansion tax’ of up to 5.5%
58% of Los Angeles residents voted for a new levy on property transactions above $5mn.
LA residents to vote on ‘mansion tax’ to tackle housing inequality
A vote on Tuesday could introduce a new transaction tax on sales of homes and property above $5mn in La La Land.
A one-off wealth tax on £1m+ households is the best way to pay for Covid-19, says think tank
"A one-off wealth tax would work, raise significant revenue, and be fairer and more efficient than the alternatives," suggests an in-depth report from The Wealth Commission.