All the mention of the mansion Tax of £4500?
I thought it was set at £2500 for homes over £2,000,000
So after googling several reports are saying
A new council tax surcharge, aka the “mansion tax”, will apply to properties valued at £2m or more. A flat amount will apply to four bands over that value, starting at £2,500 for properties valued between £2m and £2.5m. The mansion tax will be capped at £7,500 for properties of over £5m.
https://www.bbc.co.uk/news/articles/ce910z9jd3po
Also mentioning that it starts in 2028
So this then starts a new debate based on the value as there have been reports of the council tax ratings being totally out of date so how would they value a £2.000.000 property?
On its sale valuation, it's Rateable value or is this why the valuation/Rateable value discussion was on the news a while back was started so that they could amend it knowing the Mansion Tax was to be applied.
- 29 November 2025, 12:45:27
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91
on: 27 November 2025, 03:04:13
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| Started by Field Marshal Dr. Opti - Last post by Mr Skrunts | ||
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92
on: 27 November 2025, 01:38:43
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| Started by Marks DTM Calib - Last post by LC0112G | ||
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Page 9 of the initial report states...
Quote from: NTSB After initial cleaning of the fracture surfaces, examination of the left pylon aft mount lug What they're saying is there were pre-accident fatigue cracks in 3 of the 4 mounting lug surfaces for the #1 engine. The engine "fell off" when the 4th lug gave way under the overstress of the take off. Whilst it's possible a bird strike was the straw that broke the camels back, the root cause of the accident is the fatigue cracks. It appears the design can withstand cracks in one and two of the 4 lugs, but if/when the third cracks the fourth isn't strong enough to hold it all together. And you wouldn't expect it to be. So the report will IMHO concentrate on how/why these cracks occur, and how to inspect them such that the fault is detected when the first crack appears, rather than waiting for the engine to fall off when all 4 become cracked. |
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93
on: 26 November 2025, 23:31:30
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| Started by Field Marshal Dr. Opti - Last post by Viral_Jim | ||
YouTube seems to think so. https://youtu.be/uBZ7NIEEvck?si=RsJt0OTwc-akTvJI It might be useful to know what the values should be. But given the age of boiler, I suspect it won't be that precise. ![]() |
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94
on: 26 November 2025, 23:04:56
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| Started by Field Marshal Dr. Opti - Last post by Doctor Gollum | ||
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Point being just because your house is hypothetically worth X amount doesn't mean you paid anything like it
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95
on: 26 November 2025, 22:16:25
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| Started by Field Marshal Dr. Opti - Last post by STEMO | ||
They'd notice it, but they won't get it, because their house isn't worth £2million8 nights at home every month and away for Christmas and New Year. Still easier than being at home without the pooch.That would involve being at homeRight, never thought of that. It's a hard life, jetting off all over the world. |
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96
on: 26 November 2025, 21:59:08
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| Started by Field Marshal Dr. Opti - Last post by Doctor Gollum | ||
8 nights at home every month and away for Christmas and New Year. Still easier than being at home without the pooch.That would involve being at homeRight, never thought of that. It's a hard life, jetting off all over the world. The thing with the houses, bro and sil bought a house for about £500k with her parents in 2009. Now worth near emo £1.5m. They both pay higher tax rates, but they don't earn 6 figures. Just a normal couple that got lucky with the market and circumstance. They'd notice a £4,500 bill. As would alot of other people in similar circumstances |
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97
on: 26 November 2025, 21:46:42
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| Started by Field Marshal Dr. Opti - Last post by STEMO | ||
That would involve being at homeRight, never thought of that. It's a hard life, jetting off all over the world. ![]() |
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98
on: 26 November 2025, 21:38:09
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| Started by Field Marshal Dr. Opti - Last post by Doctor Gollum | ||
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That would involve being at home
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99
on: 26 November 2025, 21:26:54
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| Started by Field Marshal Dr. Opti - Last post by STEMO | ||
Why watch sky news on YouTube? Just watch sky newsIt's from Sky News yesterday, hardly a YouTube explanationOnly £4,500I'm not interested in YouTube explanations. £4500 I'd not that much if you own a £2 million house, and it's less than you spent upgrading your merc. ![]() |
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100
on: 26 November 2025, 21:23:11
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| Started by Field Marshal Dr. Opti - Last post by STEMO | ||
Im in a salary sacrifice pension scheme.You're minted, Albs, it's common knowledge ![]() Driving around the country lanes of Essex in your Porsche, life of Riley. |
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