Now they want to tax jewellery: New Lib Dem wealth plan to target ALL assets - including buy-to-let homes
Families will be forced to pay tax on jewellery and other heirlooms under controversial new plans drawn up by the Liberal Democrats.Under the scheme, tax inspectors would get unprecedented new powers to go into homes and value rings, necklaces, paintings, furniture and other family treasures.
Householders would be forced to pay a new ‘wealth’ levy on the assets – with the threat of fines for those who refused to let snoops value their possessions.
A policy document seen by The Mail on Sunday spells out how the taxman ‘may have to visit homes to test values of jewellery, paintings, etc’.
http://www.dailymail.co.uk/news/arti...let-homes.html
- Families will be forced to pay tax on heirlooms under Lib Dem scheme
- Tax inspectors would have powers to enter homes and value items
- Nick Clegg's party looking at plans to extend proposed mansion tax
- Plans condemned by Conservatives
Families will be forced to pay tax on jewellery and other heirlooms under controversial new plans drawn up by the Liberal Democrats.Under the scheme, tax inspectors would get unprecedented new powers to go into homes and value rings, necklaces, paintings, furniture and other family treasures.
Householders would be forced to pay a new ‘wealth’ levy on the assets – with the threat of fines for those who refused to let snoops value their possessions.
A policy document seen by The Mail on Sunday spells out how the taxman ‘may have to visit homes to test values of jewellery, paintings, etc’.
http://www.dailymail.co.uk/news/arti...let-homes.html
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