Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Monday, May 19
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Property»Second home owners hit with cynical tax raid in holiday not-spots
    Property

    Second home owners hit with cynical tax raid in holiday not-spots

    July 14, 20241 Min Read


    This is despite concerns first raised in The Telegraph that the enhanced powers are catching out homeowners never intended as targets for the tax, including home movers and low income households.

    Elliot Keck, of the TaxPayers’ Alliance, said the premium’s “pitiful revenues do not come close to justifying its existence”.

    He said: “For too long town halls have focused on fiddling with different ways to dip into the wallets of their residents, rather than focusing on delivering quality services.

    “Local authorities should prioritise cutting down on waste and finding efficiencies to ensure they aren’t continuously tapping up taxpayers.”

    Gravesham Borough Council raised £43,013 last year from taxing second homeowners, according to government figures. Only 23 properties in the borough are classed as second homes – or 0.05pc of the local housing stock.

    Some £55,000 in tax was clawed back from second homeowners in Newcastle-Under-Lyme, where second homes also account for one in 2,000 properties. 



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleNew Deal era South Catamount Dam receiving facelift from Springs Utilities | News
    Next Article Virginia Law Prevents Utility Shutoffs in Extreme Circumstances

    Related Posts

    Property

    China’s industrial output slows, property slump lingers

    May 19, 2025
    Property

    Economy stays resilient in April – UOB Group

    May 19, 2025
    Property

    Stocks dip as the UK and EU reach deal ahead of summit

    May 19, 2025
    Leave A Reply Cancel Reply

    Top Posts

    Action Ganglong China Property Group Limited | Cours 6968 Bourse Hong Kong S.E.

    July 31, 2007

    Télécharger Glary Utilities – CNET France

    August 16, 2020

    Glary Utilities à télécharger – ZDNet

    April 4, 2022
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Property

    Where to buy the cheapest property in the UK despite house price rise

    August 9, 2024
    Finance

    7 Money Habits My Richest Clients Live By

    August 21, 2024
    Bitcoin

    Les gestionnaires de fonds augmentent leur exposition aux ETF bitcoin, selon les déclarations trimestrielles américaines -Le 15 février 2025 à 01:21

    February 14, 2025
    What's Hot

    Hana Financial mulls non-banking M&As for growth: CEO

    July 12, 2024

    ‘The Fintech Reckoning’: London’s IPO Stock Exchange Slump

    October 11, 2024

    Le Comité de Bâle révise les principes du risque de crédit

    February 17, 2025
    Most Popular

    Forget the Cotswolds – buy a home in the Notswolds for half the price

    August 14, 2024

    US attorney general condemns attacks on Tesla property, vows reprisal

    March 20, 2025

    CANADIAN UTILITIES LIMITED ELIGIBLE DIVIDENDS

    October 10, 2024
    Editor's Picks

    Bitcoin’s road to $68K – Traders, watch out for these ongoing trends!

    August 24, 2024

    10 Worst Performing Utilities Stocks to Buy According to Analysts

    February 21, 2025

    London Stock Exchange exodus: which companies will go next?

    September 12, 2024
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2025 Invest Insider News

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