@chrisexleymoneygeek: Stamp Duty and Council Tax are outdated… That’s my honest view. But is an annual progressive property tax the right solution. It’s not expected to raise any more money, but because it’ll tax empty land more heavily - it could replace both and fuel the housing market. Please be aware that this has popped up in a few papers but it’s nothing official yet, and you’d think such significant changes would need quite a runway. The biggest issue for me is Stamp Duty - I see it cause so many problems. If you want to learn more - Google search ‘Fair Share Manifesto’. This is the campaign group mooting the policy on which data in these media reports has been driven by. ⚠️ This content is not financial advice and should be used for educational purposes only. We recommend you do your own research and consider taking personal advice before making any financial decisions.
So how is it "fairer" to the millions who are asset rich, cash poor? No government, ever, anywhere has tried to make the tax system "fairer".
2026-07-03 07:36:42
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Taormina :
It’s total BS. They’ll introduce this tax, without anyone voting for it. Then they’ll slowly start to reintroduce a minor council tax and stamp duty. Eventually triple dip
2026-07-01 13:51:41
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Rickh316 :
So basically he’s raising taxes soon as he gets his foot in the door , what do we get in return
2026-06-30 21:04:11
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stuster1701 :
and what about the fact that those of us that have purchased a home have already paid stampduty. plus taxing an owed asset seems illegal
2026-06-30 19:12:30
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Jammus 🧟♂️ :
My council tax in the SE is £366 a month, hardly cheap.
2026-06-30 18:31:30
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Serenityinlife :
so.... if you are a leaseholder does the freeholder pay the property tax?
2026-06-30 21:01:59
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Baldstrength :
Remember 0.48% for the FIRST YEAR…what happens to that percentage next when it keeps going up!!
2026-06-30 19:48:02
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bob :
Nobody will be better off because they are trying to extract more tax, not less
2026-06-30 22:10:52
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kbm88 :
what if someone already paid stamp duty ?
2026-07-03 17:53:42
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Simon John-Paul Lynch :
Why should I pay tax on a property or land that I already own and also paid stamp duty on when I bought it.. so effectively I get taxed ontop of tax…arguably the tax increases as my property increases in value…
2026-06-30 21:53:14
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TracyT :
If this happens, it will half what I normally pay on council tax the people that this is really going to hit is all the people in mega money houses
2026-07-01 08:31:16
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HarryFish1 :
So you can have the same house in London and the south and pay more than if you had one in the Midlands but we all use the same council services woyks be better by number of people using the services in the house
2026-07-02 15:09:54
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steve26 :
Two problems straight away! Why should people pay more because they live in the south? You paid more and had to work harder or longer already.
Second an extra tax may be unaffordable to thousands of homeowners. Where might many find an extra £2500 annual tax?
A fair system would be a nationwide single tax based on property size (square feet) and the number of occupants over 18
2026-06-30 16:50:23
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Stuart Pollock :
And who's doing these valuations, every, single, year? 🤣
2026-06-30 16:21:27
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ausibar :
So I’ve payed stamp duty on my new home last year so will I get a rebate for substantial money already payed up front?
2026-07-01 17:39:11
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TRH :
so owning your home as a pensioner could be more expensive?
2026-07-02 20:22:23
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Clive Headmrblue22 :
What if you already paid do you pay again
2026-06-30 21:22:20
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Jae Challalla :
What about all the people who have paid stamp duty previously !!!!!
2026-07-01 14:29:08
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old nick22 :
London and southeast is high council tax
2026-06-30 17:20:37
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dieseldog1978 :
It STARTS at 0.48% and rises as they see fit.
2026-06-30 16:19:33
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old nick22 :
Do I get my stamp duty back
2026-06-30 17:20:02
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Nikita :
i live in a small north yorkshire town, 200k house, council tax is nearly 2k a year
2026-07-01 13:12:27
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James Watson :
Why should I pay a property tax for something I already own. Council tax is for council supplied services.
2026-06-30 21:29:19
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Andrew McLeod :
Here is what will happen, over the years the government will introduce bands and freeze those bands so more and more households fall into those higher bands.
2026-06-30 19:19:07
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Claire7800000 :
And will there be a 25% single occupant discount?
2026-06-30 21:45:20
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