Council Tax and Stamp Duties
Commons · Question 34158 · Tabled 26 Feb 2025 · Treasury · Official record
Answered 4 Mar 2025
Question
Asked by Freddie van Mierlo
To ask the Chancellor of the Exchequer, whether she has made an assessment of the potential merits of introducing a proportional property tax as a replacement for (a) stamp duty and (b) council tax.
Answer
Answered by James Murray, 4 Mar 2025
Council Tax and Stamp Duty Land Tax (SDLT) are reliable and important sources of revenue for both the Exchequer and Local Authorities. They raise over £50 billion each year to help pay for essential public services. Any reforms to the property tax system ...