UK Chancellor to Introduce Tax on High-Value Properties

UK Chancellor Rachel Reeves announces a new tax on luxury properties as part of the upcoming budget. The measure is aimed at increasing state revenue.

British Chancellor Rachel Reeves is set to introduce a new tax on high-value properties in her upcoming annual budget, according to The Telegraph. The news was confirmed by several sources. It is expected that the tax will affect owners of luxury real estate. The official announcement about the new tax measures is expected soon.

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