Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to the Budget Policy Costing 2025, November 2025, page 51, on the High Value Council Tax Surcharge, what proportion of the (a) -£60 million impact in 2025-26, (b) -£120 million impact in 2026-27 and (c) -£155 million impact in 2027-28 is from (i) lower stamp duty, (ii) lower capital gain tax, (iii) lower inheritance tax and (iv) lower Annual Tax on Enveloped Dwellings receipts, in each case and year.

I refer to my previous answer to question 121393 on 9 April 2026.