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What if buying a house meant paying a tax every single year based on its value? That is the idea behind one of the more radical property-tax reforms currently being debated. The proposal would replace existing property taxes such as Council Tax and Stamp Duty with an annual charge linked to the value of the property. One version discussed publicly has suggested a rate of around 0.48% of property value, with a higher rate potentially applying to second homes and empty properties. The maths gets i
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