State pensioners could have to sell homes over £7,500 bill after rule change - Birmingham Live

Contributing sentiments towards policy:

50% : " Glen Thomas, partner at MHA, commented: "As a huge shake up of the taxation of homes, the long expected 'mansion tax' was announced.
48% : New council tax surcharges on properties worth more than £2million are due to come into force in April 2028.
44% : " READ MORE Warning for UK households buying non-alcoholic drinks at supermarket He added: "Keeping a large family home comes with maintenance, running costs and now considerable tax.
43% : "The OBR is concerned that such a measure, whilst expected to raise £0.4billion, will contribute to reduction in the yield from other property taxes including SDLT and CGT as a result of behavioural changes."
38% : Department for Work and Pensions (DWP) state pensioners may find it difficult to afford new council tax bills, it is feared.
37% : Thousands of state pensioners could be forced to sell their homes as new council tax charges hit £7,500 a year.

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