New Property Tax Could Shake Homeownership | Sheffield News

A bold new property tax proposal could dramatically reshape homeownership, with a £553k home facing a £2,654 annual bill under a 0.48% levy. Championed by Andy Burnham, this plan replaces stamp duty and council tax to tackle the cost of living crisis, while boosting jobs, building council homes, and fixing transport and water pollution — all under a surprising pro-business, left-leaning agenda. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/dcf36bd91b678670