Mansion tax police 'to target houses with nice views, conservatories'
Inspectors charged with working out which homes are worth enough to be hit by the new property raid have a checklist of features they can use to push up their taxable value.
TL;DR
- Inspectors will use a checklist of features to assess property values for a new 'mansion tax'.
- Features like conservatories, large garages, scenic views, and multiple parking spaces can increase taxable value.
- Internal inspections by HMRC agents will be possible, with refusal being a criminal offense punishable by a fine.
- The high-value property surcharge will begin in 2028, with rates ranging from £2,500 to £7,500 annually based on property value.
- The tax is expected to affect less than 1% of properties in England.