Reeves considers replacing stamp duty with new property tax - short news
Exclusive: Treasury examines options including tax on homes sold for more than £500,000 as well as overhaul of council tax
The Treasury is considering a new tax on the sale of homes worth more than £500,000 as a step towards a radical overhaul of stamp duty and council tax, the Guardian has been told.
As the chancellor, Rachel Reeves, prepares the ground for tax rises in this autumn’s budget, senior ministers have tasked officials to study how a new “proportional”..
source: The Guardian - 18.08.2025