Sharron Edwards and Alan Cooke, senior managers, HaysMac From April 2026, the way many UK landlords interact with the tax ...
In her second Budget as Chancellor, Rachel Reeves introduced a new property tax: the High Value Council Tax Surcharge. It has already been dubbed “the mansion tax“. Owners of tens of thousands of ...
The UK’s property tax burden is the fourth heaviest in the OECD’s list of 38 countries and it is more than double the average across the list of advanced economies. In a report on government revenue ...
Rachel Reeves has been warned that her reported plans for a mansion tax would not fill the £50bn Budget black hole – and that UK property taxes need a much wider overhaul. The chancellor is said to be ...
Taxing expensive homes to raise less than 0.1% of total government receipts is hardly a fiscal revolution. But the modest beginnings of Britain’s proposed mansion tax shouldn’t obscure its potential ...