Tag: Property Valuation
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Mansion Tax Fears Rise as Overvaluation Threat Looms for Homeowners
The looming mansion tax and what it means for homeowners The introduction of a new mansion tax is sending ripples through the housing market, with thousands more homeowners facing potential charges as property values are reassessed. The tax, designed to target high-value homes, is already prompting concerns about overvaluation and the speed of the appeals…
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Reeves urged to grasp nettle with council tax reset
New Budget Pressure on Council Tax As the nation awaits the upcoming budget, political voices are sharpening their focus on council tax. A growing coalition of economists, opposition figures, and some policymakers argue that now is the moment to grasp the nettle and undertake a wholesale revaluation of homes for council tax. The aim is…