What are Rachel Reeves' options on property tax?
Published: 8/20/2025

Chancellor Rachel Reeves is considering significant property tax changes ahead of the November Budget to address government borrowing concerns. Potential options include adjusting capital gains tax (CGT) on high-value home sales and abolishing stamp duty, which could raise substantial revenue while facing criticisms for potential downsides. Proposals to replace the current council tax system with a new model are also under scrutiny for potential disparities and challenges in implementing equitable changes.