Mansion tax comes under attack
AN estate agent has branded the stamp duty increase on homes of more than £1m as “unfair and outrageous”.
Andrew Winter, a Blundells partner who specialises in the company’s Fine and Country section, is uhappy about the five per cent “mansion tax” that begins on April 6.
The Sheffield-based partner adds: “A £50,000 tax just for moving house is ridiculous. Often these are not mansions but the homes of millions of middle class working families in some regions.”