Wont happen in my opinion. Clegg has done a U turn and some big Labour donors have expressed a dislike to this now. New council tax banding will be the most likely outcome to add to the current A-H which is easier to put in place. But that will put those currently sitting in H on higher property valuations paying more and the properties in the higher end of say 10 million plus paying a substantially larger amount rather than Band H which in the likes of Westminster band H is less than Band D in Hounslow or Ealing. I would just add Band (I) upwards for properties say over 5 million upwards and keep the current bands roughly the same otherwise you could have some people in a westminster council flat being penalised if you start moving band D upwards to accommodate a change in band H. Nothing is easy but if its all about those in multi million pound properties paying average 2k a year its just easier to start a new band upwards from a starting point of 5 million rather than the 2 million that would effect many who may be sitting on that valuation without the finances backing them up. I think a 4 million pound starting point in 2015/16 would take that conflict of opinions from people away.

Entire Thread

Topic	Date Posted	Posted By
Mansion tax?	07/10/14 15:59:00	Katrina Black
Re:Mansion tax?	07/10/14 16:17:00	Richard Greenhough
Re:Re:Mansion tax?	07/10/14 21:01:00	Katrina Black
Re:Re:Mansion tax?	07/10/14 21:30:00	Julian Pavey
Re:Mansion tax?	07/10/14 21:22:00	Richard Jennings
Re:Re:Mansion tax?	08/10/14 16:17:00	Charles Campbell
Re:Re:Mansion tax?	08/10/14 21:37:00	Ed Yelland
Re:Mansion tax?	07/10/14 22:26:00	Keith Iddon
Re:Re:Mansion tax?	07/10/14 22:48:00	Dave William
Re:Mansion tax?	08/10/14 20:52:00	Katrina Black
Re:Re:Mansion tax?	09/10/14 10:01:00	Sam Hearn
Re:Re:Re:Mansion tax?	10/10/14 18:17:00	Katrina Black
Re:Re:Re:Re:Mansion tax?	10/10/14 22:57:00	Charles Campbell
Re:Re:Re:Re:Re:Mansion tax?	10/10/14 23:18:00	David Roberts

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