Plans for Mansion Tax on £1.5m+ homes reportedly shelved
UKPulse News Desk
Budget plans to introduce a Mansion Tax on homes valued at £1.5 million or more have reportedly been shelved. Buy-to-let landlords may also avoid a raid on their profits.
- Plans for a Mansion Tax on homes valued at £1.5 million or more have reportedly been shelved.
- Buy-to-let landlords may dodge a raid on their profits.
- John Healey has reportedly rowed back on plans to tax property at higher rates.
Budget plans that aimed to introduce a Mansion Tax on homes valued at £1.5 million or more have reportedly been shelved. Additionally, buy-to-let landlords may avoid a proposed raid on their profits.
Reports indicate that John Healey has rowed back on earlier plans to tax property at higher rates. The focus may now shift to what Labour could tax instead.