Higher tax on second homes – another council speaks out

Higher tax on second homes – another council speaks out


Todays other news
The latest addition to the fold is the Clyde Property...
The time to win consent has doubled in London in...
The data has been compiled by SpareRoom...
The claim comes from property data consultancy LonRes...
At the end of a tenancy, tenants can choose to...
Tax Alert - Agents can urge landlord clients to take part in pilot scheme


West Oxfordshire council is the latest to demand new government legislation to increase council tax on empty and second homes in a bid to increase the homes available for local people.

The legislation is contained in the Levelling Up Bill currently going to Parliament but it is not yet law and local authorities  cannot levy any additional council tax until at least 2024.

Councillor Dan Levy, West Oxfordshire’s executive member for finance, says: “We are supporting this new government legislation with the intention of making more homes available to local people. The cost of housing in West Oxfordshire makes it very difficult for local people to buy local homes. Second homes and empty homes only drive up house prices in the area and we have a significant number in West Oxfordshire.

“We hope that the legislation will lead to more homes being available for our residents and so we will be adopting this legislation once it has passed through government.

“The additional income brought into the council from the empty and second homes will also help us to continue to support local services for residents at a time when government funding is reducing.”

In May 2022, the government published the Levelling Up and Regeneration Bill. This includes proposals aimed at further addressing empty properties through the reduction in the time after which a premium on an empty property can be charged – dropping from two years to one year. 

It will also allow councils to introduce a council tax premium of up to 100 per cent on second homes.

The legislation has not yet been passed by the government but various councils are supporting the measures in principle to allow them to be applied once the legislation is passed.

It would be expected that any new charges would come into effect from April 2024 or 2025 depending on when the legislation receives Royal Assent.

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Letting Agent Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
1 Comment
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Recommended for you
Related Articles
Non-dom status enables people who live in the UK to...
The new look “draws on decades of affection and enthusiasm...
HMRC’s Tax Threat to rentals slammed by agency chief
Reapit integrations mean agents can offer Making Tax Digital help...
Lovin’ It - ex-McDonalds man is new Rightmove boss
The government has published the wording for new written statements...
LRG - the former Leaders Romans Group - is issuing...
The government says it will, in the long term, base...
Recommended for you
Latest Features
The latest addition to the fold is the Clyde Property...
The time to win consent has doubled in London in...
The data has been compiled by SpareRoom...
Sponsored Content

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.