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

Exclusive: Treasury examines options including tax on homes sold for more than £500,000 as well as overhaul of council tax

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

The levy could be rolled out in this parliament for owner-occupied homes

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

The chancellor is seeking ways to raise cash in the face of dire warnings about the state of the public finances

In what has been dubbed a form of 'mansion tax', the Chancellor is reportedly looking to end the exemption from capital gains tax when owners of higher-value properties sell up.

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

The chancellor is reportedly planning to levy capital gains on the sale of first properties