Tax rises’ in Budget: How London could be hammered with £624m ‘mansion’ levy on homes over £1.5m
Nearly 62,000 more London homeowners could be forced to pay the “mansion tax” if Andy Burnham decides to lower the threshold for paying it to £1.5 million, according to experts. Such a controversial move is said to be a “live” discussion within the Treasury as Chancellor John Healey prepares to deliver the Budget on October 28.
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