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	<title>Wayne Davies &#187; Politics</title>
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	<description>Professional Landlord and Property Investor - Website Developer - SEO Engineer</description>
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		<title>Lib Dem plan for £1m property tax</title>
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		<pubDate>Mon, 21 Sep 2009 12:09:28 +0000</pubDate>
		<dc:creator>Wayne</dc:creator>
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		<category><![CDATA[Tax]]></category>

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		<description><![CDATA[Lib Dem treasury spokesman Vince Cable says plans for a 0.5% annual levy on the most expensive homes will raise £1bn. The new charge of 0.5% would apply to the value of a property above £1m. So if a home was worth £1.5m the 0.5% tax would apply to £500,000 of it, meaning the owner [...]]]></description>
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