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Council Tax 100% Premium HELP!!

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  • nyermen
    nyermen Posts: 1,138 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    edited 1 December 2020 at 10:13AM
    The premium can seem unfair but consider it from the other side. I have family who live local to an area that went from very low % to a high % of holiday homes, the impact was obvious, shops closing etc.  It was put in place to balance a loss of revenue to the area.  Suspect post covid with less businesses (less rates), these premiums will increase to the maximum possible.
    Irony is, with March lockdown, I'm told all those houses were full (despite the government saying no to that), and the remaining few shops that plan stock for summer only, were quickly sold out of everything.
    Peter

    Debt free - finally finished paying off £20k + Interest.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    AdrianC said:
    AdrianC said:
    AdrianC said:
    Or, indeed, why you think that should somehow exempt you from the running costs of the property?
    It isn`t really running costs though is it, more like a revenue/tax grab?
    "Taxes are the price we pay to live in a civilised society"
    Oliver Wendell Holmes, US Supreme Court justice in the early 20th century.

    Yes, council tax IS part of the cost of running a property.
    It shouldn`t be though, not in it`s present form.
    Whether you would prefer a local income tax, rates, LVT, or something else is completely beside the point.

    There is always going to be some form of property taxation, and it is inherently and inevitably part of the running cost of a property.

    Now, please, run along and go back to monomaniacally telling people every property is overpriced. It's what you do so well. Meanwhile, please get back into my Ignore list.
    As opposed to monomaniacally telling people everything they don`t want to hear on every thread? LOL.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    nyermen said:
    The premium can seem unfair but consider it from the other side. I have family who live local to an area that went from very low % to a high % of holiday homes, the impact was obvious, shops closing etc.  It was put in place to balance a loss of revenue to the area.  Suspect post covid with less businesses (less rates), these premiums will increase to the maximum possible.
    Irony is, with March lockdown, I'm told all those houses were full (despite the government saying no to that), and the remaining few shops that plan stock for summer only, were quickly sold out of everything.
    Yes in future people are going to probably have to cost even higher for property taxes/council tax.
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