London homeowners could face higher annual property taxes under proposals backed by Greater Manchester Mayor Andy Burnham, as pressure grows for a major overhaul of the UK's property tax system.
The proposals are not Government policy, and ministers have not announced plans to abolish council tax or stamp duty. However, calls for reform have intensified after a petition attracted more than 100,000 signatures and reports suggested more than more than 100 Labour MPs support reviewing the current system.