Budget measure reversed by a disastrous Tory cut (6)
I believe the answer is:
surtax
'budget measure' is the definition.
The answer and definition can be both related to property as well as being singular nouns.
Perhaps you can see an association between them that I can't see?
'reversed by a disastrous tory cut' is the wordplay.
I cannot quite see how this works, but
'by' could be 'x' (2 by 4 is 2 x 4) and 'x' is located in the answer.
'a' is found in the answer.
'tory' could be 'r' (abbreviation for right) and 'r' is found in the answer.
This explanation may well be incorrect...
Can you help me to learn more?
(Other definitions for surtax that I've seen before include "extra duty" , "Additional charge" , "Additional levy" .)