Has Mansion Tax gone away?

May 30, 2015 by in category Mortgage News with 0 and 0

Experts have warned the Labour Party party must choose any alternative reforms to Mansion Tax carefully, after Labour hinted it could drop the plans.
Promising it would be implemented from day one of a Labour government, the mansion tax – an annual levy on houses of more than £2m – had been a key plank of the party’s election campaign, with then shadow chancellor Ed Balls

With interim leader Harriet Harman in the process of commissioning an independent review, the party has since sought to reassess its entire electoral platform, with the new shadow chancellor Chris Leslie making it clear that the mansion tax should be a core focus for any evaluation.

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