A mansion tax would hit ordinary Londoners and stall the market Opinion A rumoured tax raid on sales of properties over £1.5m would be a disaster for Londoners, says James Evans With the Treasury neither confirming nor ruling out the prospect of a so-called ‘mansion tax’ – a capital gains levy thought to be based on the sale of primary residences above £1.5m – uncertainty is already [...]
The non-dom exodus is harming London’s housing market Opinion Punitive taxes and onerous regulation on landlords are leading the wealthy to sell up and leave London – with knock-on effects at all levels of the housing market, says James Evans As City AM’s Editor-in-Chief recently pointed out, ‘The UK only has around 70,000 non-doms, and that number is falling fast. More than 11,000 millionaires, [...]
