Properties worth more than £2m in England face new tax

Michael Sheils McNameeBusiness reporter

Getty Images A large distinctive looking house in the country with a distinctive high ridge and a front which is covered in ivyGetty Images

Owners of tens of thousands of properties in England valued at more than £2m are set to be hit with a surcharge of at least £2,500 from 2028, in what has been dubbed a mansion tax.

The annual…

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