"I am sure that the Chancellor is sick of hearing her own words from last year quoted back to her:
“extending the threshold freeze would hurt working people. It would take more money out of their payslips”—[Official Report, 30 October 2024; Vol. 755, c. 821.]
Older homeowners who have watched their properties’ value soar over the years will be hardest hit by this granny tax. They are asset-rich but cash-poor. They may be forced to sell up—at reduced asking prices—and more properties will get dragged into the mansion tax …..." Monica Harding - View Speech