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Posted
35 minutes ago, Farmer Saint said:

So, 0.48% of property value - would you be better or worse off?

Me, personally, it depends on how they calculate the value. On current value, we'd be far worse off as we've invested nearly £400k in our property over the past 4 years, but if it's done based on the past purchase price in 2019, then we'll be about the same as current Council Tax charges.

Feels completely fair as people with a £250k property in Blackpool pay the same as someone in a £2.5m property in Westminster.

Amazing how much loose change you can find in the back of the sofa.

Posted
37 minutes ago, Farmer Saint said:

So, 0.48% of property value - would you be better or worse off?

 

Our Council Tax would be less than half of what it currently is !

Posted (edited)
6 minutes ago, iansums said:

Amazing how much loose change you can find in the back of the sofa.

His 'charge' will sky rocket once the cycle of property valuations kick in (3 yearly?)

In places like Blackpool (often used as an example), where property prices are very low. How will it work if the majority, probably a significant majority, have their council tax slashed....will their bins still be collected, will there be enough money for the endless HMOs?

Edited by AlexLaw76
  • Haha 1
Posted
38 minutes ago, AlexLaw76 said:

His 'charge' will sky rocket once the cycle of property valuations kick in (3 yearly?)

In places like Blackpool (often used as an example), where property prices are very low. How will it work if the majority, probably a significant majority, have their council tax slashed....will their bins still be collected, will there be enough money for the endless HMOs?

It won't sky rocket by any means, it will increase though.

Posted (edited)
47 minutes ago, AlexLaw76 said:

His 'charge' will sky rocket once the cycle of property valuations kick in (3 yearly?)

In places like Blackpool (often used as an example), where property prices are very low. How will it work if the majority, probably a significant majority, have their council tax slashed....will their bins still be collected, will there be enough money for the endless HMOs?

Blackpool has plenty of higher value propeties to balance out the central cess pits, plus when the new Unitary is formed by merging with Fylde and Wyre, the town will be subsidised by places such as St Annes, Lytham, Cleveleys, Poulton, and Garstang. ( Though Fleetwood would drag it back down a bit ).

Edited by badgerx16
Posted

Not true' Burnham looking at scrapping council tax or stamp duty, says No 10

Suggestions that plans to scrap and replace council tax or stamp duty are "under active consideration" are "not true", Number 10 has said. 

It follows the i Paper reporting that Andy Burnham is looking at changing the system to an annual house-price tax.

But asked about this report this morning, the PM's spokesperson slapped it down, calling the suggestion "not true".

Posted
2 minutes ago, tdmickey3 said:

Not true' Burnham looking at scrapping council tax or stamp duty, says No 10

Suggestions that plans to scrap and replace council tax or stamp duty are "under active consideration" are "not true", Number 10 has said. 

It follows the i Paper reporting that Andy Burnham is looking at changing the system to an annual house-price tax.

But asked about this report this morning, the PM's spokesperson slapped it down, calling the suggestion "not true".

Oh well, not worth discussing then.

Posted
19 minutes ago, Farmer Saint said:

What's the relevance of this comment?

No relevance at all, just my poor attempt at humour.

  • Like 1
Posted (edited)

Isnt Council tax a charge for services though. What does it have to do with the value of the property. If you have a 5 bed in blackpool or london why do you rely more on services if you are in london, rather than blackpool? Hopefully they dont bring it in.

Transitional arrangements would be required as if you have already paid stamp duty you shouldnt have to pay this and it would catch too many pensioners otherwise that couldnt afford it. My Council tax would double to just shy of 5 figures annually. It would be a joke if it was brought in, just another way of taxing those who have worked hard. The statement after it was batted down by the spokesman was that the chancellor would be taking a view on all matters.

Edited by Sir Ralph
Posted
4 minutes ago, Sir Ralph said:

Isnt Council tax a charge for services though. What does it have to do with the value of the property. If you have a 5 bed in blackpool or london why do you rely more on services if you are in london, rather than blackpool? Hopefully they dont bring it in. Transitional arrangements would be required as if you have already paid council tax you shouldnt have to pay this and it would catch too many pensioners otherwise that couldnt afford it. My Council tax would double to just shy of 5 figures annually. It would be a joke if it was brought in, just another way of taxing those who have worked hard. The statement after it was batted down by the spokesman was that the chancellor would be taking a view on all matters.

So all taxes should be flat rate and take no account of income? It’s about what you get back?

Posted (edited)
1 minute ago, whelk said:

So all taxes should be flat rate and take no account of income? It’s about what you get back?

This is about council tax. What is the purpose of Council tax?

Edited by Sir Ralph
Posted
4 minutes ago, Sir Ralph said:

This is about council tax. What is the purpose of Council tax?

To contribute to the cost of local govt. Surprised you don’t know this?

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