Thursday, 29 August 2013

'Backdoor Mansion Tax' On £2m Homes Could Treble Council Bills

Members of Brighton council, which is run by the Green Party, have suggested a “progressive council tax” that would result in a steep increase in local rates. The tax, the first of its kind in the country, would be means tested, and supporters say only the richest 20 per cent of households would be in the higher bracket. Conservatives attacked the proposals as “unfair” and likened them to the plans for a mansion tax favoured by the Liberal Democrats.  Labour warned that wealthy households could end up paying up to 200 per cent more in annual council tax bills.  Read more on the Daily Telegraph website.

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