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.

Mansion tax police 'to target houses with nice views, conservatories'

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.

Continuer la lecture de l'article original