Mansion Tax

11 April 2011

It has been very interesting to read the comments on the potential for a 'mansion tax' as a replacement for the higher rate of income tax. Alice Thompson writing in The Times on 30 March very neatly summed up why it is the British feel so strongly about the ownership of their own home and will resist any attempts to tax them on its value.

Housing has been very good to the older generation in the UK. They have successfully accumulated a large capital asset by buying cheaply many years ago and carefully paying off their mortgage throughout their working life, in some cases the value will be considerable but the home may be occupied by those whose incomes in retirement have been eroded to a point where they are eating into savings. To then ask them to pay a percentage of their property value as a tax seems wholly unfair.

It seems that political attempts to be seen to be hard on the affluent bankers may yet again punish those who have worked hardest to accumulate wealth in their lifetime - that is the older generation.

Audley Inglewood’s pool and relaxation area. Open to owners and external gym members. • • • • #theaudleyclub #pool #spa #relaxation #retirementplanning #audleyinglewood #audleyvillages
Audley St George’s bistro and bar area. • • • • #threechurchroad #interiordesign #interior123 #boldcolours #birmingham #edgebaston #birminghamfood @birmingham__eats 1
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Audley Chalfont Dene’s frosty lake. • • • • #retirementvillage #audleychalfontdene #thechalfonts #luxuryproperties #audleyvillages #snowday
Audley Inglewood looks even more beautiful this morning after heavy snowfall last night. • • • • • #audleyinglewood #retirementvillage #audleyvillages #snowday #luxuryproperties
Audley St Elphin’s Park, Matlock • • • • • #matlock #derbyshire #audleyvillages #stelphinspark #stelphinsparkhouse #architecture #mainhouse #retirementplanning #exterior_design 1
A very frosty Audley St George’s Place, this morning ❄️ • • • • • #frosty #stgeorgesplace #retirementplanning #audleyvillages #retirementvillage #luxuryproperties
Pastel tones. • • • • • #audleyvillages #stgeorgesplace #edgebaston #birmingham #pastelinterior #interiordesign #interior123 #changingretirement #retirementplanning
Cosy corners at Binswood Hall, Leamington Spa. • • • • • #binswoodhall #audleyvillages #interior123 #interiordesign #audleybinswood #retirementvillage #boldcolours
It’s all in the finer details. You won’t find a corner of Audley Villages that hasn’t had a finishing sparkle from our Interior designers. • • • • #audleyvillages #interior123 #interiordesign #goldhues #art #retirementplanning #retirementvillage #interiorinspo 1
Winter wonderland views at Audley Chalfont Dene this afternoon. • • • • • #chalfontstpeter #chalfontdene #audleyvillages #chalfontstgiles #views #thechalfonts #winterwonderland #snowday
An inside look at one of our stunning apartments at Audley Ellerslie. Open plan dining and living area, with floods of natural light. • • • • #retirementplanning #ellerslie #interior123 #malvern #interiordesign #malvernhills #views #openplanliving
Turquoise, deep blues & gold. • • • • #audleyvillages #malvern #malvernhills #ellerslie #interior123 #interiordesign #retirement #retirementplanning #luxuryinteriors 2
One of the many views from Audley Clevedon, Ilkley. • • • • • • #audleyclevedon #ilkley #ilkleychat #yorkshire #ilkleyphotographer #audleyvillages