Dan Peters 09 November 2023

Land value tax could redistribute billions

Land value tax could redistribute billions image
Image: Irene Miller / Shutterstock.com

A plan to reform business rates could lead to billions of pounds being redistributed from high land value areas to other parts of the country.

The report by the New Economics Foundation (NEF) think-tank called for the land value amassed in places like London to be exploited.

Under the proposal, a business property tax would be levied on rents paid by businesses and retained locally while a new land value tax paid by landlords would be created and redistributed by Government from high value areas to other parts of the country.

To continue reading this article visit The MJ (£).

SIGN UP
For your free daily news bulletin
Highways jobs

Neighbourhood Manager

The Royal Borough of Kensington & Chelsea Council
Negotiable
Shape the services that help residents feel safe, heard and supported.As a Neighbourhood Services Manager at the Royal Borough of Kensington and Chels England, London, City of London
Recuriter: The Royal Borough of Kensington & Chelsea Council

Adults Social Worker - West Essex

Essex County Council
£37185 - £50081 per annum + Flexible Working, Hybrid Working
Register your interest here to be notified of upcoming opportunities in West Essex. We welcome expressions of interest from Experienced and Newly Qua England, Essex, Harlow
Recuriter: Essex County Council

Key Worker - Young Carers Service

Essex County Council
£25081.0000 - £27653.0000 per annum
Key Worker - Young Carers ServiceFixed Term, Full Time£25,081 to £27,653 per annumLocation
Recuriter: Essex County Council

Community Development and Green Skills Lead - 2 Years

The Royal Borough of Kensington & Chelsea Council
Negotiable
Seize local green employment opportunities - for a fairer and more sustainable futureSeize local green employment opportunities - for a fairer and mor England, London, City of London
Recuriter: The Royal Borough of Kensington & Chelsea Council

Apprentice Customer Services Assistant

Essex County Council
Up to £14567.0000 per annum
Apprentice Customer Services AssistantFixed Term, Full Time£14,567 per annum rising to £23,557 per annum on the second yearLocation
Recuriter: Essex County Council
Linkedin Banner