Former IFS director Paul Johnson says a mansion tax ‘wouldn’t raise anywhere near enough to fill a significant hole’ in the public finances
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Former IFS director Paul Johnson says a mansion tax ‘wouldn’t raise anywhere near enough to fill a significant hole’ in the public finances
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Rachel Reeves has been warned that her reported plans for a mansion tax would not fill the £50bn Budget black hole – and that UK property taxes need a much wider overhaul.
Lord King, who ran the Bank of England for ten years, said problems will not be resolved by ‘just adding another wealth tax’
Tax on sale of homes worth over £1.5m may not raise enough to fill £50bn black hole
Chancellor to unveil series of measures in highly anticipated Budget on Wednesday
Mansions and other high value houses in Labour chancellor’s sights as she prepares for crucial Budget later this month
A new levy targeting wealth could reportedly be announced by chancellor today
The chancellor has unveiled £26bn worth of tax rises in the Commons as she attempts to plug a multi-billion pound gap in…
