Property slump 'no basis' for tax pleas
The disclosure could make the council tax as unpopular as the community charge, as some Tory MPs warned of a chorus of complaints from chargepayers already aggrieved at the loss in value of their homes. The eight property value bands were set in April 1991, when prices were higher, markedly so in the South, to allow time to value the 21 million properties around the country.
A Department of the Environment leaflet to be sent to all householders says: 'Changes in the value of your home because of the movement of house prices over the years will not generally affect its banding.'
Appeals will generally only take account of physical changes in properties, or planning changes such as the construction of a nearby motorway. A rise in house prices will not lead to rebanding either, although values will be subject to a general revaluation every five years.
The Treasury and the Department of the Environment defend the decision on the footing that valuations were never intended to be based on market prices and that householders' contributions to local authority budgets will still reflect the relative financial positions of chargepayers.
John Butterfill, MP for Bournemouth West and vice-chairman of the Tory backbench finance committee, said other MPs' concerns were based on misunderstandings of the valuation process.
Mr Butterfill, a chartered surveyor, said: 'Under the rating system valuations were always retrospective in their effect. It has to be done on a specific date. The only purpose is to place properties in a relative position one to the other. At one time we operated on a 1939 basis. But relative values remained constant. It does not matter that valuations are now 'out of date'.'
Actual bills will depend on local authority spending and the level of revenue support grant from the Government. Single households will get a 25 per cent discount.
The Department of Environment pamplet says: 'The dearer your home the more you will pay. If your home is in band H (properties valued at more than pounds 320,000), you will pay three times as much as someone who home is in band A (up to pounds 40,000).
- 1 Michael Douglas regrets 'embarrassing' Catherine Zeta-Jones with oral sex comments
- 2 Tunisia hotel attack: Locals form 'human shield' to protect hotel from gunman Seifeddine Rezgui
- 3 Tunisian builder has been hailed a hero after knocking gunman to the ground with roof tiles
- 4 German ethics council calls for incest between siblings to be legalised by Government
- 5 E.L James's #AskELJames Twitter Q&A didn't go exactly as planned
Michael Douglas regrets 'embarrassing' Catherine Zeta-Jones with oral sex comments
Tunisia hotel attack: Locals form 'human shield' to protect hotel from gunman Seifeddine Rezgui
Dutch city of Utrecht to experiment with a universal, unconditional 'basic income'
Tunisian builder has been hailed a hero after knocking gunman to the ground with roof tiles
German ethics council calls for incest between siblings to be legalised by Government
The moment a Queen's Guard soldier lost it and drew his gun at annoying tourist
Greece crisis: The wider lesson is that it’s time to abandon this failed experiment in currencies
'I wish the BBC would stop calling it Islamic State' – David Cameron unleashes frustration at broadcaster
Extend Right To Buy to tenants of private landlords, Labour's Jeremy Corbyn says
David Cameron struck double blow in his hopes to win Britain a new EU deal
Pentagon accuses Russia of 'playing with fire' over nuclear threats towards Nato
£500 - £600 per day: Recruitment Genius: A Senior Solution Architect is requir...
£18k - 20k per year: 360 Resourcing Solutions: ROLE: Export Sales Coordinato...
£20000 - £35000 per annum: Recruitment Genius: The largest developer of mobile...
£22500 - £27000 per annum + OTE £45K: SThree: Since our inception in 1986, STh...