The British Property Federation (BPF) has poured scorn on Labour’s new proposals for a Mansion Tax, stressing it simply avoids much needed reform of council tax, and is not the way to plug any funding gaps in the NHS.
The organisation has pointed out how the proposed £1.7bn that a Mansion Tax is projected to make will have a minimal impact on NHS budgets, and that without hypothecation, no link will exist. It has expressed further concerns that any revenue raised would be cancelled out by the loss in taxation in other areas, which a recent report by Savills calculated could be as much as £1bn.
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Over the last few years, we’ve managed to create some highly unusual designs for our Annual Review of activities. This year we’ve gone a great leap further. Instead of printing a report, we’ve created one on the web.
So, to get a great idea of our successes in a matter of minutes, all you need to do is click here.