Ten thousand property owners who let out second homes have had tax breaks worth an average of £4000 a year each taken off them accountants said.

Second home owners will be hit with a "stealth tax" of thousands of pounds a year under legislation to be announced by the Chancellor Alistair Darling in his PreBudget Report PBR next month.

Hundreds of thousands of second-home owners could lose a council tax discount worth hundreds of pounds per year under a government review.

Second-home owners should be braced for curbs on "flipping", according to tax experts, who said the rules deciding which home was exempt from UK capital gains tax were likely to be tightened

The number of homes repossessed doubled in 2008 - and it has been revealed that the government's promised help for home owners struggling to repay their loans has come to nothing.  Not one home owner has yet received any help.  Thousands of other home owners are now in serious arrears and could be repossessed in 2009. Government ministers still claim that "home owners are not a...

Although David Cameron denounced the "pitiful" Budget proposals, the Conservatives would not reverse the stamp duty increase or most of the other tax rises

Draft legislation is in place to repeal the laws that allow property owners who let out second homes to enjoy tax breaks worth an average of £4,000 a year.

David Cameron has admitted he cannot promise to reverse planned increases in National Insurance if the Conservatives come to power.

Owners of second homes are to lose council tax discounts in a major shake-up to be announced by ministers.

Draft legislation is in place to repeal the laws that allow property owners who let out second homes to enjoy tax breaks worth an average of £4,000 a year.