The feature looks at how Rachel Reeves’ new Budget measure will actually work in practice for owners of homes worth £2 million or more.
Robert commented: “Mansion tax is not going to significantly impact behaviours or prompt people to sell houses and move abroad. In many ways it’s long overdue.” He added “It’s certainly ridiculous that people in Mayfair should pay less council tax.”
To read the full article, click here: Will I have to pay mansion tax? – Spear’s
For further advice on Private Client law, email Robert or telephone on 0207 465 4300.