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That excludes people's main homes, which may seem reasonable.
Both the British and American tax systems are designed to favour home ownership, giving breaks to owners of main homes that are not available on those selling shares.
Lady Uddin and crossbencher Lord Bhatia were found to have acted "not in good faith" by incorrectly declaring their main homes in order to claim generous overnight allowances.
The answer to that is that we don't tax things such as capital again on main homes that are driven by economic growth and making people richer.
In the end, though, Ms. Smith and dozens of other M.P.'s escaped further censure after Commons rules were interpreted as allowing them wide leeway in designating their main homes.
"They associate them with a detachment from the pressures of urban life and getting back in tune with nature, even if they are only an hour or so away from their main homes".
Similar(47)
(Northampton, Massachusetts, is their main home).
Mr Laws' main home is in his constituency.
The main home includes five bedrooms and five bathrooms.
In a way New York is my main home.
Laws registered his main home as in his Yeovil constituency.
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