Tuesday, 9 December 2014

Ukip Announce Mansion Tax Break for Historic Home Owners

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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