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The Independent UK
The Independent UK
David Maddox

Tax expert reveals key reasons why Rachel Reeves’ mansion tax won’t work

One of Britain’s leading tax experts has raised serious questions over Rachel Reeves' planned mansion tax on high-value homes expected in her make-or-break Budget.

Dan Neidle, the founder of Tax Policy Associates, is in favour of property tax reform, but has questioned proposals to hit 100,000 of the most expensive properties with an average charge of £4,500, as they would be based on out-of-date valuations.

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