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Topic: Re:Re:Mansion tax?
Posted by: Julian Pavey
Date/Time: 07/10/14 21:30:00

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
TopicDate PostedPosted 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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