Just been reading in the Sunday paper about labours new council tax plans. Apparently they plan to increase the number of bands to 11 from 8 and the bands will be allocated on current property values.
We purchased our house ten years ago for £45K its now worth £130K thanks to the ridiculous property market. So under the new plans I will fall into band 8 or 9. Thats £2k p.a. That means I'm having to find and extra £1k p.a.
Labour claim that as we have all benefitted from the property price rises we can afford higher council tax. But in reality you dont benefit until you sell your house and live in a bloody tent.
The new increases are due to come into force in 2006.
No doubt when property falls to resonable levels the council tax will still be based on 2005 prices.
Anyone who votes for this bunch of rip off merchants needs their head examining.
We purchased our house ten years ago for £45K its now worth £130K thanks to the ridiculous property market. So under the new plans I will fall into band 8 or 9. Thats £2k p.a. That means I'm having to find and extra £1k p.a.
Labour claim that as we have all benefitted from the property price rises we can afford higher council tax. But in reality you dont benefit until you sell your house and live in a bloody tent.
The new increases are due to come into force in 2006.
No doubt when property falls to resonable levels the council tax will still be based on 2005 prices.
Anyone who votes for this bunch of rip off merchants needs their head examining.