08-07-2026 17:40 via moneyweek.com

Could you be dragged into paying ‘mansion tax’ as Burnham moots lower threshold?

Tens of thousands more households could be dragged into paying the ‘mansion tax’ under rumoured plans, if Burnham becomes the new Labour leader. The prime minister-in-waiting could potentially lower the threshold at which people start to pay the High Value Council Tax Surcharge from £2 million to £1.5 million, according to reports in The Mail on Sunday.An estimated 150,000 additional households could be dragged into paying the surcharge if the levy was brought down to the
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