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Should homeowners pay higher taxes on "mansions" valued over £2m?

Results

Last answered 2 hours ago

Mansion Tax Poll Results

Yes

122,548 votes

62%

No

76,006 votes

38%

Distribution of answers submitted by UK [United Kingdom] voters.

2 Yes answers
3 No answers
0 overlapping answers

Data includes total votes submitted by visitors since Mar 20, 2015. For users that answer more than once (yes we know), only their most recent answer is counted in the total results. Total percentages may not add up to exactly 100% as we allow users to submit "grey area" stances that may not be categorized into yes/no stances.

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Data based on unique submissions (duplicates or multiple submissions are eliminated) per user using a 30-day moving average to reduce daily variance from traffic sources. Totals may not add up to exactly 100% as we allow users to submit "grey area" stances that may not be categorized into yes/no stances.

Data based on 30-day moving average to reduce daily variance from traffic sources. Totals may not add up to exactly 100% as we allow users to submit "grey area" stances that may not be categorized into yes/no stances.

Learn more about Mansion Tax

Currently, the UK does not tax residential property on an annual basis. The "Mansion Tax" is a proposed annual property tax on homes valued at or over £2 million that would increase tax revenue to allow for a decrease in tax rate for low earners. Proposals estimate that properties valued between £2m and £3m would pay £3,000 per annum, but properties over £3m would pay considerably more. Commentators have suggested that in order to raise the projected £1.2bn, the Mansion Tax payable on homes over £3m would have to be £28,000.  See recent Mansion Tax news

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