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Council Tax Crisis Hits London | London News

Council Tax Crisis Hits London | London News

Published 5 days ago
Description

Prime Minister Andy Burnham is demanding a radical overhaul of council tax, calling it outdated and unfair — especially as London’s richest boroughs pay less due to alternative revenue streams, while tax bands frozen since 1991 fail to reflect today’s soaring property values. The government is rumored to be considering replacing council tax and stamp duty with a single annual charge based on current property values, which could slash bills for many but hit London homeowners hard. The Fairer Share Campaign proposes a flat-rate proportional property tax, targeting owners and landlords — potentially freeing renters from payments while raising concerns that even average London homes could see tax hikes. With no easy fix, Burnham admits tough choices lie ahead.

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