Under the new taxes, a £1.5 million house suffered an increase of 140 per cent in its tax rate, and anything priced more than £2 million has suffered a 71 per cent rise. Photo: Bloomberg
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Year of major change for British property taxes
From April, non-residents selling British residential properties will be subject to the same capital gains implications as sellers living there
Under the new taxes, a £1.5 million house suffered an increase of 140 per cent in its tax rate, and anything priced more than £2 million has suffered a 71 per cent rise. Photo: Bloomberg