Council Tax Shake-up Could See Charge Scrapped for Everyone
The Treasury considers replacing outdated council tax and stamp duty with a proportional property tax on homes over £500,000 to address revenue gaps and fairness, experts say.
5 Articles
5 Articles
Stamp Duty Shake-Up: Reeves Proposes Proportional Property Tax
Chancellor Rachel Reeves has signalled a major overhaul of the UK’s property tax system, with plans to replace stamp duty with a new proportional property tax. The reform, now making headlines, aims to ease pressure on buyers and create a fairer housing market. Under the proposal, the new tax would apply only to homes valued […] The post Stamp Duty Shake-Up: Reeves Proposes Proportional Property Tax appeared first on CCE l ONLINE NEWS.
National property tax could replace stamp duty ‘within this parliament’ | Today's Conveyancer
Chancellor Rachel Reeves is assessing the benefits of a new national property tax that could replace stamp duty, according to reports in The Guardian, paid on the sale of owner-occupied homes worth more than £500,000. The feasibility of the proportional property tax is being examined and modeled by government officials and could be implemented within this parliament, The Guardian reports, with ‘a radical overhaul’ potentially announced in the au…
Coverage Details
Bias Distribution
- 67% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium