While Labour demand a mansion tax, Ukip have unveiled a
mansion tax-break. The UK Independence Party has pledged to cut the tax
bills of the owners of listed buildings, in a move that could benefit the
party’s biggest donors. Nigel Farage’s party has promised to exempt historic
buildings from VAT at 20 per cent on their building work, in a move that could
save wealthy owners of historic mansions and castles hundreds of thousands of
pounds. It would be replaced with a rate of 5 per cent. Read more on the Daily
Telegraph website.
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