World Economy

Queen Faces £1m Bill

Queen Faces £1m BillQueen Faces £1m Bill

The  British queen could be slapped with a £1m ($1.6m) tax bill every year if Labour’s proposed ‘mansion tax’ comes into force. The Duke and Duchess of Cambridge, Princess Anna and the Duchess of Cornwall could also be hit by hefty bills by the tax, which would target everyone with a home worth more than £2million, Mail online reported.