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Evening Standard
Evening Standard
Politics
Michael Howie

Thousands of Londoners 'to be hit by new expensive homes tax surcharge' in Budget

Rachel Reeves will announce a tax surcharge on more than 100,000 high-value properties in this week’s Budget, according to reports.

The Chancellor will hit homeowners with properties worth more than £2million with a levy that could raise £400-£450 million, says The Times.

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