Higher-value homes in the crosshairs as Chancellor looks for ways to balance books

Higher-value homes in the crosshairs as Chancellor looks for ways to balance books

Chancellor considers end to private residence relief which could force higher rate taxpayers to surrender 24pc of their gains

Reported plans could raise up to £40bn while preserving pledge not to raise income tax, VAT or national insurance

Chancellor could cut cap on untaxed withdrawals as she battles $50bn gap in public finances

Tax on sale of homes worth over £1.5m may not raise enough to fill £50bn black hole