Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Wednesday, March 18
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Property»Areas where second home owners will pay more than £10k in council tax | UK | News
    Property

    Areas where second home owners will pay more than £10k in council tax | UK | News

    March 26, 20252 Mins Read


    Some second home owners will have to pay more than £10,000 per year from April after local authorities begin charging 100 percent council tax on additional properties. 

    In an effort to balance the books and reduce pressure on local house prices, many cash-strapped authorities in popular tourist areas will increase the tax due to an act passed last year.

    According to data by property website Hamptons, 157 properties will be charged more than £10,000 in council tax, in regions such as Dorset, Bristol, Nottingham and Devon.

    In Rutland, seven properties deemed as Band H homes will have the highest council tax bill in the country of £10,684, while the second most expensive area will be the City of Nottinhham, where it will cost £10,624. 

    The change will affect the highest number of people in Dorset, where 55 second homes will be charged a council tax bill of £10,520.  

    The 100% tax increase, under the Levelling-up and Regeneration Act, will bring in just over £1billion to councils in total, according to Hamptons. 

    Hamptons found that 205 of the 296 applicable authorities in England will introduce the increased tax from April, or have committed to doing so in the future.

    John O’Connell, of the TaxPayers’ Alliance campaign group, said the tax “demonstrates the extent to which our taxation system hammers high earners”, which is an “unjustifiable punishment on success and ambition”.

    Mr O’Connell believes councils should increase planning approvals to reduce pressures on housing and increase the number of tax-paying households, instead of “penalising wealthy residents”.  

    A spokesperson for the Local Government Association, which represents councils across England, said: “There is a desperate need for more affordable housing across the country and councils need all options possible to ensure a supply of homes for rent and sale that meets local needs.

    They added: “Charging a council tax premium, for long-term empty and second homes, is one way of encouraging owners to bring these properties back into permanent use.

    “However, we remain clear that council tax itself has never been the solution to meeting the long-term pressures facing local services, and councils need the powers and resources to build more affordable homes.”



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleCommodity traders complain about cost of Trump ‘tweet-driven’ uncertainty
    Next Article Le bénéfice net de Zhejiang China Commodities City pour 2024 en hausse de 14,9 % en glissement annuel

    Related Posts

    Property

    Secure Affordable UK Property Acquisitions

    March 17, 2026
    Property

    UK price gap between first-time properties and bigger homes at record high

    March 17, 2026
    Property

    Northern Ireland property prices rise 7.5% in 2025

    March 16, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Stock Market

    LONDON MARKET MIDDAY: FTSE 100 rises as private sector growth picks up

    January 23, 2026
    Bitcoin

    Droits de douane, chute des cours de Bitcoin – 07/02

    February 7, 2025
    Stock Market

    Dow, S&P 500, Nasdaq rise after Trump and Xi hold call on trade

    September 19, 2025
    What's Hot

    UK sustainable finance MP group gets new chair

    July 29, 2024

    Art as Money: How the London Art Exchange Is Turning Canvas into Cash

    March 1, 2025

    Bitcoin Faces Critical Test Near $82,800 as Year-End Test Looms

    December 16, 2025
    Most Popular

    Dow, S&P 500, Nasdaq rally as Wall Street hopes for trade progress

    April 22, 2025

    Top Bitcoin (BTC) Price Predictions as of Late

    July 13, 2024

    Bitcoin and Ethereum Whales Quietly Accumulating — What’s Next for Solana and MAGACOIN FINANCE?

    August 8, 2025
    Editor's Picks

    $175 million loan secured to finance 12-story mixed-use development in Woodside

    July 16, 2024

    Dow Jones & Nasdaq 100: China Trade Slump Hits US Futures in Asia

    November 6, 2025

    China Reinsurance prévoit une augmentation de 80 à 100 % de ses bénéfices en 2024 -Le 24 février 2025 à 03:14

    February 23, 2025
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.