William Eichler Thursday, June 6, 2024

Hunt rules out ‘expensive’ council tax revaluation

Hunt rules out ‘expensive’ council tax revaluation   image
Image: Yau Ming Low / Shutterstock.com.

Chancellor Jeremy Hunt has pledged that if elected a Conservative government would not undertake a council tax revaluation.

Writing in the Telegraph, Mr Hunt promised the Conservatives would not ‘increase the number of council tax bands, undertake an expensive council tax revaluation, or cut council tax discounts’.

Council tax is charged on properties which are grouped into valuation bands based on domestic property values from April 1991. Some properties are eligible for discounts or exempt and people on lower incomes can apply for support.

Critics of the current council tax system have long called for its reform.

In January, the Northern Powerhouse Partnership (NPP) said that a revaluation was ‘long-overdue’. According to the think tank’s research, a homeowner in Hartlepool living in a house worth £150,000 is paying £200 a year more in council tax than someone in Westminster in a property worth £8m.

The Welsh Government plans to introduce five-yearly revaluations from 2028.

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