Prime Minister Burnham's property tax plan could cost London £7.5 billion
Prime Minister Andy Burnham has sparked new concerns about a potential property tax that could cost London an extra £7.5 billion. He previously supported a proportional property tax to replace council tax and stamp duty, which would add about £800 to the bill for homes worth £600,000. Downing Street denies that scrapping council tax or stamp duty is being actively considered by the new government.
Lost in this story? That's the point of BriefTea.
Open it in the app and tap Learn from this — the Knowledge Galaxy turns the story into a map of everything it assumes you know, one tap at a time. Free, no ads, no paywall.
Get BriefTea on the App Store