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UK Mansion Tax May Expand to Homes Worth Over £1.5 Million

Source: Bloomberg

Tax & TariffsFiscal Policy & BudgetHousing & Real EstateElections & Domestic Politics

The UK Labour government is reportedly considering expanding a new property tax to homes valued above £1.5 million ($2 million). The proposal could weigh on demand and valuations in the UK prime residential market, though no policy details, timing, or confirmed legislation were provided.

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