Not just landlords. Everyone. There's talk of a new Proportional Property Tax that could replace Council Tax and Stamp Duty completely. Under the proposal, homeowners would pay 0.48% of their property's value every single year. On a ยฃ300,000 home, that's roughly ยฃ1,400 a year. Andy Burnham has previously backed this idea, but Gordon Brown has now pushed back hard, saying property in Britain is already taxed heavily and that reforming existing taxes makes more sense than introducing a brand new one. Here's my take. Any tax change like this creates winners and losers, and it always takes time to see which side you land on. For landlords, this could mean a completely different cost model overnight, especially if it replaces Stamp Duty on new purchases. That changes the maths on every deal you're underwriting. For serviced accommodation operators, margins are already tight enough without another annual cost sitting on top of the mortgage and bills. If this tax comes in, pricing strategy and location choice become even more important. Impact wise, here's the short version. Landlords could see higher ongoing costs but lower upfront Stamp Duty on purchases. Serviced accommodation businesses may need to rethink which properties actually stack up financially once this cost is added. Buyers and sellers could see the housing market shift depending on how the tax is structured. Nothing is confirmed yet, but this is exactly the kind of policy conversation that ends up reshaping the property market a few years down the line. Smart investors watch this early, not after it's already law. What's your take on this? Would a tax like this help fix the system or just add another cost for homeowners? Let me know your thoughts below. #PropertyTax #UKProperty #Landlords #ServicedAccommodation #UKtax #Andyburnham #london.