Property News · March 3, 2018

Council tax should be fair and progressive. Ours is neither


It is outrageous that a person in a £17m Westminster mansion pays less than a pensioner in a Nottingham bungalowThere is a Grade II-listed seven-bedroom home of “ambassadorial proportions” for sale in Westminster, just along from the old Conservative party headquarters, if you’ve got the odd £17m to spare. But there is one financial worry the buyer won’t have: council tax. The new owner will be presented with a council tax bill for 2017-18 of just £1,376. We know this because that is the maximum council tax bill anyone in Westminster paysfor a top-tier, band H property.Meanwhile, a pensioner in Nottingham living in a small bungalow worth about £150,000 is likely to be in the council’s C band and facing a tax bill of £1,645. Why are millionaires in London paying hundreds of pounds less in annual property taxes than someone struggling on a small pension in Nottingham? Continue reading…

Source : theguardian.com
Read more…Council tax should be fair and progressive. Ours is neither

You may also like...