{"id":103865,"date":"2019-02-11T01:30:31","date_gmt":"2019-02-10T18:30:31","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/fairer-ways-to-tax-property-letters\/"},"modified":"2019-02-11T02:04:14","modified_gmt":"2019-02-10T19:04:14","slug":"fairer-ways-to-tax-property-letters","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fairer-ways-to-tax-property-letters\/","title":{"rendered":"Fairer ways to tax property | Letters"},"content":{"rendered":"


\nCouncil tax needs to be completely revamped, writes John Worrall \u2013 and so does stamp duty, says Martin WealeSure, it would be nice if local councils got a slice of stamp duty on property purchases in their areas (Tycoon\u2019s property spree prompts calls for taxes to stay local, 9 February) but the far more urgent need is for a revamp of council tax, as evidenced by Ken Griffin\u2019s purchase of those two London bijous. Reportedly costing \u00a3195m, they will attract combined council tax of just \u00a32,842, the same as any two local properties in top band H, each valued (at the last revaluation, in 1991) at more than \u00a3320,000. Again we see that only little people pay proper taxes.So what to do? First, obviously, another revaluation. Second, recalibrate banding with bands, from A to Z if necessary, to reach right up the value scale. And third, levy a basic rate within each band on main homes of UK taxpayers and higher rates on all others, together with punitive and escalating rates on properties left empty. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Fairer ways to tax property | Letters<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Council tax needs to be completely revamped, writes John Worrall \u2013 and so does stamp...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-103865","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-r1f","jetpack-related-posts":[{"id":165398,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/reeves-urged-to-grasp-the-nettle-with-wholesale-reset-of-council-tax\/","url_meta":{"origin":103865,"position":0},"title":"Reeves urged to \u2018grasp the nettle\u2019 with wholesale reset of council tax","date":"November 21, 2025","format":false,"excerpt":"\r Experts say chancellor should go further than rumoured plan to update value of homes in top three bands Rachel Reeves has been urged to \u201cgrasp the nettle\u201d and kick off a wholesale revaluation of the nation\u2019s homes for council tax in next week\u2019s budget as she prepares to introduce\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":159548,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-would-potential-new-property-tax-differ-from-stamp-duty-and-council-tax-system\/","url_meta":{"origin":103865,"position":1},"title":"How would potential new property tax differ from stamp duty and council tax system?","date":"August 19, 2025","format":false,"excerpt":"\r Treasury officials consider shake-up which could see tax paid by sellers of homes worth more than \u00a3500,000Business live \u2013 latest updatesUK politics live \u2013 latest updatesThe government is considering a new national property tax as the first step towards a radical shake-up of stamp duty and council tax.The discussions\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123378,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/argosy-property-books-record-interim-profit-up-11-after-91-7m-revaluation-boost\/","url_meta":{"origin":103865,"position":2},"title":"Argosy Property books record interim profit up 11% after $91.7m revaluation boost","date":"November 23, 2021","format":false,"excerpt":"\r Rising real estate valuations pushed listed landlord Argosy Property's interim net after-tax profit up by 11 per cent and tenants got $800,000 in rent abatements from pandemic lockdowns.Net profit after tax rose from $114.6 million...\r \r Source : nzherald.co.nz\/Property\r Read more...Argosy Property books record interim profit up 11% after\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171822,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/scrap-stamp-duty-and-council-tax-to-fix-london-housing-crisis-thinktank-says\/","url_meta":{"origin":103865,"position":3},"title":"Scrap stamp duty and council tax to fix London housing crisis, thinktank says","date":"May 20, 2026","format":false,"excerpt":"\r Centre for London report finds levy on property wealth would free up homes, fund social housing and help renters save for depositsStamp duty should be scrapped and replaced with a new property wealth tax to fix London\u2019s housing crisis, a leading thinktank has proposed.A report on the capital\u2019s property\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117570,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/auckland-council-seeks-permission-to-delay-cv-revaluation-for-year\/","url_meta":{"origin":103865,"position":4},"title":"Auckland Council seeks permission to delay CV revaluation for year","date":"July 4, 2020","format":false,"excerpt":"\r Aucklanders will likely have to wait until next year to find out their home's new capital value after the council sought permission to delay its citywide revaluation process. A source of fascination to property-mad Aucklanders,...\r \r Source : nzherald.co.nz\/Property\r Read more...Auckland Council seeks permission to delay CV revaluation for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":159476,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/reeves-considers-replacing-stamp-duty-with-new-property-tax\/","url_meta":{"origin":103865,"position":5},"title":"Reeves considers replacing stamp duty with new property tax","date":"August 18, 2025","format":false,"excerpt":"\r Exclusive: Treasury examines options including tax on homes sold for more than \u00a3500,000 as well as overhaul of council taxBusiness live \u2013 latest updatesThe Treasury is considering a new tax on the sale of homes worth more than \u00a3500,000 as a step towards a radical overhaul of stamp duty\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/103865"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=103865"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/103865\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=103865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=103865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=103865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}