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Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am Posts: 29240 Location: Guantanamo Bay (thanks bobbdobbs)
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_________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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Fri Sep 24, 2010 3:30 am |
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Spreadie
I haven't seen my friends in so long
Joined: Fri Apr 24, 2009 6:06 pm Posts: 6355 Location: IoW
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This feels like [LIFTED] to me - revaluation hasn't been done since the 90s, yet my council tax magically goes up every year! What are the chances that these yearly increments, combined with the slump in values, would mean that a revaluation would see rates drop and councils lose tax revenue?
_________________ Before you judge a man, walk a mile in his shoes; after that, who cares?! He's a mile away and you've got his shoes!
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Fri Sep 24, 2010 10:11 am |
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paulzolo
What's a life?
Joined: Thu Apr 23, 2009 6:27 pm Posts: 12251
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They are talking about looking what which bands properties are in and changing that. You could find your house shifts up a band, which would attract a significantly higher amount. The BBC were talking about it adding few hundred pounds for a one step band change.
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Fri Sep 24, 2010 11:01 am |
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Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am Posts: 29240 Location: Guantanamo Bay (thanks bobbdobbs)
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Yes but the combined increases over the years will more than make up for the recent drops in property values.
_________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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Fri Sep 24, 2010 11:31 am |
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Linux_User
I haven't seen my friends in so long
Joined: Tue May 05, 2009 3:29 pm Posts: 7173
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Well 1/3 of the houses in Wales were shifted up a band, a similar thing could happen in England.
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Fri Sep 24, 2010 1:27 pm |
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Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am Posts: 29240 Location: Guantanamo Bay (thanks bobbdobbs)
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It should be a rolling valuation system. When ever you sell then it gets revalued, whenever you apply for planning permission it should be revalued. That will avoid the situation of properties getting seriously out of alignment with their rateable values.
_________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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Fri Sep 24, 2010 1:57 pm |
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Linux_User
I haven't seen my friends in so long
Joined: Tue May 05, 2009 3:29 pm Posts: 7173
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Er, several problems there. Firstly, the expense. Secondly, the riots you'll have on the streets when people get stung. Council tax is a ridiculous idea anyway - it leads to the absurd situation where poor people in large houses are effectively bankrupted by their local authority, and rich people in small houses get off lightly. A local income tax is a more ideal solution.
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Fri Sep 24, 2010 2:14 pm |
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tombolt
Spends far too much time on here
Joined: Fri Apr 24, 2009 8:38 am Posts: 2967 Location: Dorchester, Dorset
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They can't re-evaluate the properties without re-evaluating the banding though. You can't base the bands on twenty year old values, then punish everyone because house prices have gone up. You'd end up with no-one in Band A. It's ridiculous.
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Fri Sep 24, 2010 2:30 pm |
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Amnesia10
Legend
Joined: Fri Apr 24, 2009 2:02 am Posts: 29240 Location: Guantanamo Bay (thanks bobbdobbs)
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Actually the expense would be minimal. They would be contracting estate agents to do a revaluation anyway but rather than in one go they could do it as and when the agent is free. That way the agency could do it for less and when they are quiet. Why riots? This might be one house at a time. I do agree about a local income tax but can you honestly see the Tories accepting that?
_________________Do concentrate, 007... "You are gifted. Mine is bordering on seven seconds." https://www.dropbox.com/referrals/NTg5MzczNTkhttp://astore.amazon.co.uk/wwwx404couk-21
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Fri Sep 24, 2010 3:13 pm |
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l3v1ck
What's a life?
Joined: Fri Apr 24, 2009 10:21 am Posts: 12700 Location: The Right Side of the Pennines (metaphorically & geographically)
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I really really don't want a revaluation. God only knows how my house is only in band B.
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Fri Sep 24, 2010 8:37 pm |
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jonbwfc
What's a life?
Joined: Thu Apr 23, 2009 7:26 pm Posts: 17040
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I don't really see the point anyway - isn't the important fact the relative value - if your house is worthntwice as much you pay more council tax kind of thing? Assuming most properties have risen roughly in proportion the numbers won't acytually be any different.
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Fri Sep 24, 2010 9:48 pm |
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tombolt
Spends far too much time on here
Joined: Fri Apr 24, 2009 8:38 am Posts: 2967 Location: Dorchester, Dorset
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Exactly what I was trying to say!
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Fri Sep 24, 2010 9:54 pm |
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Linux_User
I haven't seen my friends in so long
Joined: Tue May 05, 2009 3:29 pm Posts: 7173
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If 33% of properties were re-banded upwards in Wales, it's not unreasonable to assume a similar proportion of properties in England will suffer the same fate.
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Fri Sep 24, 2010 9:56 pm |
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