Quote:
Originally Posted by Paul
So for this to work, every property would have to be valued [again] every year ?
Personally, 0.48% of my (supposedly) current house value would be quite a reduction in tax.
... and who knows their "Land value".
---------- Post added at 18:19 ---------- Previous post was at 18:17 ----------
Another article on the same site suggests otherwise anyway.
https://www.express.co.uk/news/politics/2233054/
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The idea is that each property is automatically revalued by using software, be it up or down, annually.
Interesting that it's been claimed that the PM isn't considering this after all.