Friday, 8 August 2014

Call To Reboot Council Tax to Fund Affordable Homes

The British Property Federation (BPF) is urging all political parties to commit to a full revaluation of council tax in their election manifestos. The call follows research by the Joseph Rowntree Foundation (JRF) which suggests the council tax system needs to be 'restored to fairness'. The BPF says that additional income generated by reform should be spent on affordable housing in or near to the areas in which it was raised. This would help areas of the UK, London in particular, to meet "affordable housing requirements and maintain a level of diversity that a mansion tax would not achieve," the BPF says. Read more on 24dash.

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