- Location
- Montgomeryshire
Council tax bills would treble for middle-class homeowners under Labour plans to introduce a so-called “garden tax” on the value of land, it was claimed last night.
The Labour manifesto contains plans for a Land Value Tax to replace council tax, which would hit people with gardens the hardest.
The manifesto contains no detail of how the tax would be applied, but the Conservatives claim tax on the the average family home would go up from £1,185 to £3,837 per year, an increase of £2,651
Because the tax would also apply to agricultural land, it could have a knock-on effect of driving up food prices.
The policy was described as “nonsensical” by Boris Johnson, the Foreign Secretary, who said it would “bring misery to every single family in Britain”.
While council tax works by taxing the overall value of a property, Land Value Tax would impose an annual charge on the rental value of land, not counting any improvements such as houses built on it.
Unless that's from a very old report, Erratic Boris isn’t the Foreign Secretary, and hasn’t been since he ran away from that responsibility too....
Corbyn’s policies are mostly based around the wealthy paying more, to look after those less well off. On that basis those owning land, or other assets, will feel fingers prising their wallets from their pockets. Right on Comrade.