Autumn Budget: Mansion Tax unveiled by stealth

✨ Autumn Budget: Mansion Tax unveiled by stealth

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The government has introduced a tax on properties worth over £2 million, though it will come in the form of ‘council tax surcharge’. The surcharge will be £2,500 for a property worth between £2m to £2.5m, eventually rising to £7,500 for those worth more than £5m. The change will take effect in April

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The government has introduced a tax on properties worth over £2 million, though it will come in the form of ‘council tax surcharge’. The surcharge will be £2,500 for a property worth between £2m to £2.5m, eventually rising to £7,500 for those worth more than £5m. The change will take effect in April 2028 for […]
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