Labour eyes mansion tax expansion as 270,000 homes could be dragged into levy

Labour is reportedly considering dramatically widening its so-called “mansion tax”, potentially dragging around 270,000 homes into the levy before the controversial charge has even come into force. Chancellor John Healey is examining whether to lower the starting threshold for the High Value Council Tax Surcharge from £2 million to £1.5 million, according to reports in … Continue reading Labour eyes mansion tax expansion as 270,000 homes could be dragged into levy