Monday, 30 September 2013

Wealth tax

Wiki - http://en.wikipedia.org/wiki/Wealth_tax

Telegraph - http://www.telegraph.co.uk/news/politics/david-cameron/10342817/David-Cameron-rules-out-mansion-tax.html

The Liberal Democrats have doubled the threshold at which they say homeowners should pay an annual "mansion tax".
Properties will now have to be worth at least £2m to incur a 1% charge - the previous plan was to charge 0.5% a year on a property's value above £1m.