What are Rachel Reeves' options on property tax?

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