Monday 28 March 2011

Vince Cable hints at 'Mansion' tax for high value homes

The BBC is reporting that Business Secretary Vince Cable has said tax on high value properties may have to rise - if the 50p tax rate is axed.

Chancellor George Osborne said in the Budget that the 50p rate would be temporary but the government would look at tax on "very high value" properties.

See full story at:http://www.bbc.co.uk/news/uk-politics-12876058