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Healey rules out expanding mansion tax to £1.5m homes
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City AM
Healey rules out expanding mansion tax to £1.5m homes
John Healey has ruled out widening Labour’s so-called mansion tax to cover homes worth £1.5m, following warnings that the tax change would hammer middle-class homeowners in the capital. The Chancellor had been considering widening its council tax surcharge to cover homes valued at £1.5m or more, as the Treasury seeks extra revenue to fund cost [...]
11 Oct, 12:57
FT UK
Healey rules out cutting ‘mansion tax’ threshold to £1.5mn in UK Budget
Mooted reduction had provoked backlash by Labour MPs concerned about impact on voters in London
11 Oct, 10:38
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