Labour’s progressive property tax explained

Party proposes replacing council tax with new levy paid by landlords rather than tenants

Property London
(Image credit: Getty Images)

Labour is considering replacing council tax with a new “progressive” property tax that would be set nationally and paid by property owners rather than tenants.

The proposals are part of a raft of policy recommendations in a Labour-commissioned report on land use. The aim is to reduce the tax paid by the majority of households and discourage the use of homes as financial assets.

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