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Market Impact: 0.25
UK Taxman to Give Homeowners Six Months to Appeal Mansion Tax
Source: Bloomberg
Tax & TariffsFiscal Policy & BudgetHousing & Real Estate
Britain’s tax authority will publish next autumn the properties subject to the new “mansion tax,” with affected homeowners given roughly six months to appeal before the levy takes effect. The measure creates a potential additional tax burden for high-value residential property owners and could weigh modestly on sentiment in the prime UK housing market.
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