UK to Impose Tax on Properties Worth Over £2m: OBR

Nov. 26, 2025, 12:08 PM UTC

The UK government will impose a tax on properties worth over £2m from April 2028, according to an early release of the Office for Budget for Responsibility report.

  • To be based on 2026 prices

To contact the reporter on this story:
Moira Warburton in London at mwarburton15@bloomberg.net

To contact the editors responsible for this story:
Sachin Ravikumar at sravikumar6@bloomberg.net

Dayana Mustak

© 2025 Bloomberg L.P. All rights reserved. Used with permission.

Learn more about Bloomberg Tax or Log In to keep reading:

See Breaking News in Context

From research to software to news, find what you need to stay ahead.

Already a subscriber?

Log in to keep reading or access research tools and resources.