Kevin Muldoon-Smith
@muldoonsmith.bsky.social
Interested in public sector finance, governance, urban adaptation, green space.
www.bbc.com/news/article...
Chancellor mentioned abolishing business rates in her speech and replacing with a new property tax again. I agree with lots of this but detail is scarce: land value tax or property tax (both?). Elements of turnover, more frequent valuations, variation of multiplier?
Chancellor mentioned abolishing business rates in her speech and replacing with a new property tax again. I agree with lots of this but detail is scarce: land value tax or property tax (both?). Elements of turnover, more frequent valuations, variation of multiplier?
Rachel Reeves says tough choices will be worth it in key speech
The chancellor defends winter fuel cuts and promises better days lie ahead in big conference speech.
www.bbc.com
September 23, 2024 at 6:55 PM
www.bbc.com/news/article...
Chancellor mentioned abolishing business rates in her speech and replacing with a new property tax again. I agree with lots of this but detail is scarce: land value tax or property tax (both?). Elements of turnover, more frequent valuations, variation of multiplier?
Chancellor mentioned abolishing business rates in her speech and replacing with a new property tax again. I agree with lots of this but detail is scarce: land value tax or property tax (both?). Elements of turnover, more frequent valuations, variation of multiplier?
In theory empty property rates should promote occupation of property and penalise prolonged vacancy. It’s current configuration has led to lots of avoidance measures rather than change in behaviour - suggests the tax needs a rethink if the intention is better use of built environment.
This article, on using snails to avoid business rates, is definitely worth a read, even if you think you aren't interested in local government taxation:
taxpolicy.org.uk/2024/08/22/w...
taxpolicy.org.uk/2024/08/22/w...
Why Rachel Reeves should stop snails avoiding business rates
The very silly business rates avoidance scheme involving snails, and why the Government should put an end to it.
taxpolicy.org.uk
August 23, 2024 at 11:39 AM
In theory empty property rates should promote occupation of property and penalise prolonged vacancy. It’s current configuration has led to lots of avoidance measures rather than change in behaviour - suggests the tax needs a rethink if the intention is better use of built environment.