24/08/2026
๐ ๐ HM Revenue & Customs inspectors to assess homes for mansion tax.... ๐ง
๐ HMRC inspectors will be able to visit homes to establish whether they are liable for the new mansion tax, according to a report in The Telegraph.
The High Value Council Tax Surcharge, commonly referred to as the mansion tax, is due to come into effect in April 2028 and will impose an annual charge of between ยฃ2,500 and ยฃ7,500 on properties valued above ยฃ2m.
HMRCโs Valuation Office will initially use publicly available information and third-party data to estimate property values
๐ However, according to the report, valuation agents will assess properties where information needed to determine whether they are worth more than ยฃ2m cannot be confirmed using existing records or other data.
https://propertyindustryeye.com/hmrc-inspectors-to-assess-homes-for-mansion-tax-report/
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