9 d. ago Vicarages in London to be hit by 'mansion tax,' warns Bishop with parishes unable to pay new levy

Parliament told that vicarages in the capital which are not ‘large and luxurious’ will be caught by new tax on properties worth over £2 million

Events

1 week ago Vicars in London to be hit by 'mansion tax,' warns Bishop with parishes unable to pay new levy

Parliament told that vicarages in the capital which are not ‘large and luxurious’ will be caught by new tax on properties worth over £2 million

Events

2 w. ago Trick to cut thousands off your council tax bills AND beat the mansion tax

Chancellor Rachel Reeves' 'mansion tax' - which will hit owners of homes worth more than £2m - will be based on their council tax band.

Economics

2 w. ago Regents Park mansion sells for almost £11 million after Rachel Reeves's Autumn Budget

The Budget’s ‘soft landing’ triggered the £10.95 million deal, say selling agents Beauchamp Estates

Economics

2 w. ago Radical Reeves? The chancellor’s mansion tax is a small but brave step forward | Phillip Inman

The high-value council tax surcharge may only raise £400m but it’s the best opportunity for a bigger, fairer tax on wealthRachel Reeves won little credit last week for lifting the lid on one of the most heated tax debates of the past three decades.Who in their right mind would consider engaging in the fight that would inevitably lead to some of the richest people in the land calling for your head? Continue reading...

Events

3 w. ago Mansion tax to wipe £10,000s off value of London homes hit by new levy in Reeves Budget

One in four homes which will pay the property surcharge are in just three London boroughs; Kensington and Chelsea, Westminster and Camden

Economics

3 w. ago Mansion tax to wipe £10,000s off value of London homes hit by the new levy in Reeves Budget

One in four homes which will pay the property surcharge are in just three London boroughs; Kensington and Chelsea, Westminster and Camden

Economics

3 w. ago Starmer says budget did not break manifesto tax pledge and scrapping two

PM says: ‘We kept to our manifesto in terms of what we’ve promised. But I accept the challenge that we’ve asked everybody to contribute’Ask the Guardian your budget questionsShare your views on the new ‘mansion tax’Budget calculator: find out if you are better or worse offThe Conservative party is attacking the budget on the grounds that Rachel Reeves is putting up taxes supposedly to fund more spending on benefit claimants. Even though the rationale for this claim is questionable, the Tories were making it before the budget was announced, and Kemi Badenoch firmed it up last night, claiming it was a “Benefits Street budget”.On LBC this morning, asked if the budget meant “alarm clock Britain paying for Benefits Street”, Reeves said she did not accept that. She said 60% of the families that would benefit from the removal of the two-child benefit cap (the most expensive welfare announcement in the budget) were in work.I don’t think children should be punished by this pernicious policy ...

Economics

3 w. ago What does a 'mansion' look like in London? £2m homes that will be liable for Reeves' surcharge from 2028

Under Rachel Reeves’ new “mansion tax”, owners of properties worth more than £2 million will need to pay an annual surcharge on their homes. But what does a £2 million property look like in London today?

Economics

3 w. ago Reeves should have included more tax reform in budget to help growth, IFS thinktank says – UK politics live

Institute for Fiscal Studies director says chancellors continue to ‘shy away from meaningful tax reform that could move the dial’Ask the Guardian your budget questionsShare your views on the new ‘mansion tax’ Budget calculator: find out if you are better or worse offThe Conservative party is attacking the budget on the grounds that Rachel Reeves is putting up taxes supposedly to fund more spending on benefit claimants. Even though the rationale for this claim is questionable, the Tories were making it before the budget was announced, and Kemi Badenoch firmed it up last night, claiming it was a “Benefits Street budget”.On LBC this morning, asked if the budget meant “alarm clock Britain paying for Benefits Street”, Reeves said she did not accept that. She said 60% of the families that would benefit from the removal of the two-child benefit cap (the most expensive welfare announcement in the budget) were in work.I don’t think children should be punished by this pernicious policy any lo...

Politics

3 w. ago Reeves dismisses Tory claims of ‘Benefits Street budget’ – UK politics live

Chancellor says 60% of families that will be better off after the two-child limit is scrapped are in workAsk the Guardian your budget questionsBudget calculator: find out if you are better or worse offThe Conservative party is attacking the budget on the grounds that Rachel Reeves is putting up taxes supposedly to fund more spending on benefit claimants. Even though the rationale for this claim is questionable, the Tories were making it before the budget was announced, and Kemi Badenoch firmed it up last night, claiming it was a “Benefits Street budget”.On LBC this morning, asked if the budget meant “alarm clock Britain paying for Benefits Street”, Reeves said she did not accept that. She said 60% of the families that would benefit from the removal of the two-child benefit cap (the most expensive welfare announcement in the budget) were in work.I don’t think children should be punished by this pernicious policy any longer. And the cost to society of this is huge, the cost for counci...

Politics

3 w. ago 'Chilling effect' of Budget briefings cost London jobs, say bosses as Reeves defends her tax and spend plans

They also warned the Chancellor’s measures would have ‘little to no impact on growth in the round’

Economics

3 w. ago How to beat Rachel Reeves'  mansion tax: The nine measures that could save you a huge bill

Homeowners with valuable properties will be forced to hand over between £2,500 and £7,500 to the Treasury every year from 2028 in a so-called 'mansion tax' sting.

Economics

3 w. ago How to beat Rachel Reeves' brutal mansion tax: Our experts reveal the nine simple measures that can save you a huge bill

Homeowners with valuable properties will be forced to hand over between £2,500 and £7,500 to the Treasury every year from 2028 in a so-called 'mansion tax' sting.

Economics

3 w. ago From mansion tax to cash ISA changes: Key announcements in Reeves’ Budget

The chancellor has unveiled £26bn worth of tax rises in the Commons as she attempts to plug a multi-billion pound gap in Britain’s ailing public finances

Economics

3 w. ago Huge change to council tax with four new categories and £7,500 annual charge

Chancellor Rachel Reeves announced the so-called 'mansion tax' measure during Wednesday's Budget speech

Economics

3 w. ago Rachel Reeves Budget's 10 key points as major benefit and ISA changes explained

Chancellor Rachel Reeves unveils £26bn tax rises including mansion tax on homes over £2m, scrapping the two-child benefit limit, rail fare freeze and minimum wage hike

Politics

3 w. ago Labour 'mansion tax' will cost homeowners up to £7,500 a year

Kate Allen, 45, founder and owner of Finest Stays, a luxury holiday letting agency based in Devon, manages more than 100 high-value holiday homes, most worth more than £2million.

Economics

3 w. ago From mansion tax to cash ISA changes: Key takeaways from Reeves’ Budget

The chancellor has unveiled £26bn worth of tax rises in the Commons as she attempts to plug a multi-billion pound gap in Britain’s ailing public finances

Economics

3 w. ago Next door neighbours and almost identical houses...but one could face paying hundreds of pounds more in council tax if homes are revalued under Rachel Reeves' 'mansion levy'

Two next-door neighbours with similar properties in Chandler's Ford, Hampshire, have criticised Chancellor Rachel Reeves's proposed changes to council tax to facilitate a 'mansion tax'.

Society