MONEY POLL: Are you worried about a 'mansion tax' from Rachel Reeves? Vote now

Thousands of homeowners could be slapped with a new property tax as part of Chancellor Rachel Reeves's Budget reforms next weekIt is understood the Treasury is floating a controversial property levy that could affect residences valued from just £135,000, despite the measure being termed a "mansion tax".If introduced, this tax would require revaluation of all properties in council tax bands F, G and H, representing one in ten homes across England. LATEST DEVELOPMENTS'Mansion tax' shock as homes worth just £135,000 could be hit under Rachel Reeves's Budget plansRachel Reeves eyes new tax raid on banks that could quietly hit millions of savings accountsThousands of flat owners could be hit with £6,000 bills under Rachel Reeves's mansion tax Our Standards: The GB News Editorial Charter

MONEY POLL: Are you worried about a 'mansion tax' from Rachel Reeves? Vote now

Thousands of homeowners could be slapped with a new property tax as part of Chancellor Rachel Reeves's Budget reforms next week

It is understood the Treasury is floating a controversial property levy that could affect residences valued from just £135,000, despite the measure being termed a "mansion tax".


If introduced, this tax would require revaluation of all properties in council tax bands F, G and H, representing one in ten homes across England.


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