More than 12,000 households will be wrongly hit with ‘mansion tax’ demands for thousands of pounds, officials admit

More than 12,000 households will be wrongly hit by Labour’s ‘mansion tax’, official documents suggest.

Forecasts by the Office for Budget Responsibility (OBR) show that one in five of the 156,000 households who are set to be hit by the levy will appeal against their assessments.

It is also estimated that four in 10 of those challenges will be successful, meaning that 12,480 households will succeed despite initially being told they will have to pay up.

What is officially called the High Value Council Tax Surcharge will take effect from April 2028 and apply to properties valued at more than £2million. 

The surcharge will

This post was originally published on this site

Leave a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.