Mansion Tax

Mansion Tax 3: Mansion Tax Proposals

Shadow chancellor Ed Balls has announced that a Labour administration would introduce a tax on homes worth more than £2 million in its first budget, so that the Treasury could begin to collect money from what is estimated to be…
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So how will people owning property which is exposed to a prospective mansion tax react if the proposal becomes law ? Even though there is little flesh on the bones of a prospective mansion tax as yet, one can easily…
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With a general election on the distant horizon the possibility of a ‘mansion tax’ is once more on the agenda. While everyone will have their own view on whether such a tax is a good idea or not, it is…
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