I own a 2m farmhouse - Reeves' mansion tax is punishment for being well-off'
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I own a 2m farmhouse - Reeves' mansion tax is punishment for being well-off'
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"Three decades ago, Christopher Broadbent bought an old farm worker's two-bedroom cottage in the East Sussex countryside. The founder of a consultancy firm carried out a Damascene conversion of the house, doubling its size, and bought 50 acres of farming land around it for a nature reserve and a glamping business. But now, with his farmhouse and land thought to be worth around 2m, the 75-year-old fears he and his wife could be placed in a profoundly uncomfortable position by a so-called mansion tax, expected to be announced at Wednesday's Budget."
The Independent covers major issues including reproductive rights, climate change and Big Tech while soliciting donations to fund on-the-ground journalism and maintain free access without paywalls. The outlet investigates topics such as Elon Musk's pro-Trump PAC and produces documentaries like 'The A Word' about American women fighting for reproductive rights. A retired consultancy founder, Christopher Broadbent, expanded a farmhouse and 50 acres in East Sussex and now faces potential revaluation roughly at a £2m threshold. The proposed mansion tax could raise average bills to about £4,500 and generate up to £500m for the Treasury, prompting unease and concerns about fairness.
Read at www.independent.co.uk
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