More than half of Londoners would be hit by rumoured annual property tax
https://www.standard.co.uk/homesandproperty/property-news/national-property-tax-stamp-duty-london-b1248016.html
Posted by insomnimax_99
More than half of Londoners would be hit by rumoured annual property tax
https://www.standard.co.uk/homesandproperty/property-news/national-property-tax-stamp-duty-london-b1248016.html
Posted by insomnimax_99
5 Comments
Serves them right for selling their one bedroom starter flats. How dare they keep our economy going.
London and the SE support the rest of the country financially. Net contributor. Rachel Reeves is killing the golden goose.
Has it been reported that they are exploring some sort of clawback for people who have recently paid a shedload of stamp duty? Especially in London and the SE, this is going to be really punitive for anyone who has moved in the last couple of years….to the tune of 20k+
It’s not just London though,
Again, the concept of a property tax would be supported if it was targeted at the right demographic. It’s not though, the band bites too low and this is looking like it’s another middle income tax incoming.
Land tax per acre over property value tax everyday of the week please with an exemption for small-hold generational farmers.
A tax on wealth is proportional to one’s wealth – ideally. The rich should not pay less.