Up to 165,000 homeowners face new ‘mansion tax’ as appeal rates expected to surge

An estimated 165,000 homeowners will be drawn into Labour’s planned “mansion tax” in its first year, according to new figures from the Office for Budget Responsibility (OBR), raising fresh questions about the growing tax burden on property owners. The policy, championed by Chancellor Rachel Reeves, will come into force from April 2028 and apply to … Continue reading Up to 165,000 homeowners face new ‘mansion tax’ as appeal rates expected to surge