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Evening Standard
Evening Standard
National
Nicholas Cecil

'Tax rises' in Budget: How London could be hammered with £624m 'mansion' levy on homes over £1.5m

London John Healey Camden Chelsea Kensington Andy Burnham Westminster Fulham Hammersmith Wandsworth

Nearly 62,000 more London homeowners could be forced to pay the “mansion tax” if Andy Burnham decides to lower the threshold for paying it to £1.5 million, according to experts.

Such a controversial move is said to be a “live” discussion within the Treasury as Chancellor John Healey prepares to deliver the Budget on October 28.

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