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Topic: Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock !
Posted by: Steve Thomson
Date/Time: 29/09/14 18:05:00

Crucially of course French Wealth Tax is levied on NET wealth above 1.3m euros i.e. mortgages and debts are deductible plus a bunch of allowances and transition relief at each tax band. Market values for property are discounted by 30% straight away. Plus it starts at 0.25% above the lower threshold and only gets to 0.5% beyond 3m euros.

Compare and contrast with Labour's plan to tax the whole value of a property and to do so in broad bands i.e your house is worth 2.1m so you immediately get dinged with 12k or whatever it needs to be to raise 1.2bn. But it's OK to have 100 BTL flats at 500k each and pay not a penny. Or 2.1m cash in the bank for that matter ....

I don't believe in Wealth Tax but if it were to happen than even the French have a better system than what is being proposed by Labour. And it's really worked out well for them ....... I don't think Labour have thought about this for more than 5 minutes - it just plays to the crowd rather being good policy.


Entire Thread
TopicDate PostedPosted By
Estate Agents against Mansion Tax Shock ! 29/09/14 12:04:00 Steve Gallant
   Re:Estate Agents against Mansion Tax Shock ! 29/09/14 12:07:00 Richard Greenhough
      Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 12:43:00 Steve Gallant
         Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 13:31:00 Richard Greenhough
   Re:Estate Agents against Mansion Tax Shock ! 29/09/14 12:24:00 Kate Beard
      Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 12:40:00 Steve Gallant
         Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 12:55:00 Kate Beard
      Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 12:42:00 Brian Coyle
         Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 13:33:00 Steve Gallant
      Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 14:33:00 Steve Taylor
         Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 14:47:00 Kate Beard
   Re:Estate Agents against Mansion Tax Shock ! 29/09/14 12:41:00 Paul Pryce
      Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 13:02:00 Adrian Irving
         Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 13:16:00 Guy Lambert
         Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 13:38:00 Steve Gallant
      Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 13:04:00 Steve Gallant
         Retirement and Capital Accumulation29/09/14 14:03:00 Paul Pryce
            Re:Retirement and Capital Accumulation29/09/14 15:16:00 Steve Gallant
               Re:Re:Retirement and Capital Accumulation29/09/14 20:29:00 Paul Pryce
      Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 13:11:00 Viv Griffiths
         Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 13:33:00 Guy Lambert
            Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 13:35:00 Susan Kelly
               Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 15:39:00 Guy Lambert
            Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 13:44:00 Steve Gallant
         Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 13:40:00 Steve Gallant
            Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 14:05:00 Adrian Irving
               Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 14:11:00 Brian Coyle
                  Re:Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 15:19:00 Steve Gallant
               Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 15:21:00 Steve Gallant
                  Re:Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 15:33:00 Huw Burford-Taylor
                     Re:Re:Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 15:42:00 Steve Gallant
                        Re:Re:Re:Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 15:49:00 Guy Lambert
                           Re:Re:Re:Re:Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 17:01:00 Richard Greenhough
                              Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 18:30:00 Vanessa Smith
                                 Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 18:56:00 Richard Greenhough
                        Re:Re:Re:Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 16:01:00 Huw Burford-Taylor
               Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 17:19:00 Susan Kelly
                  Re:Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 18:41:00 Steve Taylor
   Re:Estate Agents against Mansion Tax Shock ! 29/09/14 15:59:00 Adrian Irving
      Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 16:06:00 Guy Lambert
         Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 16:14:00 Adrian Irving
            Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 16:31:00 Mark Perry
               Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 16:38:00 Mark Perry
               Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 17:08:00 Steve Gallant
                  Re:Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 17:29:00 Adrian Irving
                  Re:Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 17:36:00 Mark Perry
                     Re:Re:Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 20:36:00 Steve Gallant
                        Re:Re:Re:Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 20:47:00 Mark Perry
                           Re:Re:Re:Re:Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 21:21:00 Steve Gallant
                              Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 21:34:00 Mark Perry
                                 Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 21:38:00 Mark Perry
                                    Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 30/09/14 08:25:00 Steve Gallant
                                       Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 30/09/14 09:22:00 Mark Perry
                                          Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 30/09/14 09:31:00 Steve Gallant
                                             Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 30/09/14 13:37:00 Steve Taylor
                                          Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 30/09/14 09:45:00 Guy Lambert
                                             Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 30/09/14 09:57:00 Steve Gallant
                                                Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 30/09/14 13:39:00 Steve Taylor
                                                   Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 30/09/14 14:23:00 Steve Gallant
                                             Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 30/09/14 13:45:00 Steve Taylor
                                                Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 30/09/14 14:22:00 Steve Gallant
                                          Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 30/09/14 13:32:00 Steve Taylor
                                             Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 30/09/14 14:47:00 Mark Perry
               Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 18:05:00 Steve Thomson
                  Re:Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 20:25:00 Steve Gallant
                     Re:Re:Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 30/09/14 14:18:00 Steve Thomson
                        Re:Re:Re:Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 30/09/14 14:42:00 Steve Gallant
                           Re:Re:Re:Re:Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 30/09/14 15:11:00 Steve Thomson
                        Re:Re:Re:Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 30/09/14 17:21:00 Steve Taylor
   Re:Estate Agents against Mansion Tax Shock ! 29/09/14 17:29:00 Richard Greenhough
      Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 17:44:00 Steve Gallant
         Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 18:33:00 Vanessa Smith
            Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 18:38:00 Pete Mayes
               Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 20:37:00 Steve Gallant
                  Re:Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 20:47:00 Pete Mayes
                  Re:Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 29/09/14 21:23:00 Pete Mayes
            Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 30/09/14 08:35:00 Steve Gallant
   Re:Estate Agents against Mansion Tax Shock ! 30/09/14 10:50:00 Adrian Irving
      Re:Re:Estate Agents against Mansion Tax Shock ! 30/09/14 10:59:00 Steve Gallant
         Re:Re:Re:Estate Agents against Mansion Tax Shock ! 30/09/14 13:13:00 Adrian Irving
            Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 02/10/14 18:36:00 Richard Greenhough
      Re:Re:Estate Agents against Mansion Tax Shock ! 30/09/14 11:38:00 Dave Wetzel
         Re:Re:Re:Estate Agents against Mansion Tax Shock ! 30/09/14 11:48:00 Stuart Kerr
            Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 30/09/14 11:54:00 Guy Lambert
               Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! 30/09/14 12:03:00 Stuart Kerr
                  Land Value Tax30/09/14 12:14:00 Francis Rowe
                     Mansion Tax30/09/14 13:05:00 George Knox
                        Re:Mansion Tax30/09/14 13:23:00 Will Watson
                           Re:Re:Mansion Tax30/09/14 14:29:00 Steve Gallant
                              Re:Re:Re:Mansion Tax30/09/14 15:18:00 Will Watson
                                 Re:Re:Re:Re:Mansion Tax30/09/14 15:55:00 Steve Gallant
                        Re:Mansion Tax30/09/14 13:26:00 Sam Hearn
                           Re:Re:Mansion Tax30/09/14 13:54:00 George Knox
                              Re:Re:Re:Mansion Tax30/09/14 14:06:00 Sam Hearn
                        Re:Mansion Tax30/09/14 14:34:00 Steve Gallant
                     Re:Land Value Tax30/09/14 14:02:00 Steve Taylor
                        Re:Re:Land Value Tax30/09/14 15:54:00 George Knox
                           Re:Re:Re:Land Value Tax02/10/14 17:49:00 George Knox
                              Re:Re:Re:Re:Land Value Tax02/10/14 19:19:00 Susan Kelly
                                 Re:Re:Re:Re:Re:Land Value Tax03/10/14 07:30:00 Steve Gallant
                                    Re:Re:Re:Re:Re:Re:Land Value Tax03/10/14 07:53:00 Susan Kelly

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