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Is mansion tax fair?

5 Live listeners talk to Nicky Campbell

It’s reported that Chancellor Rachel Reeves will use the Budget to introduce a new tax on high-value homes in England.

About 2.4 million properties in council tax bands F, G and H could be revalued.

It’s thought the tax will apply to properties worth more than £2m, which will affect about 100,000 homes with an average surcharge of £4,500.

5 Live listeners share their thoughts with Nicky Campbell.

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5 minutes