Council Tax: Valuation
The question
To ask the Chancellor of the Exchequer, for what reason the council tax surcharge and the ordinary council tax charge for new builds will be based on different antecedent valuation dates from April 2028.
Answered by Dan Tomlinson
Council Tax bands are based on the price a property could have sold for on a fixed date set in law. The High Value Council Tax Surcharge (HVCTS) is in addition to Council Tax. This will be a new charge on owners of residential property in England worth £2 million or more in 2026, taking effect in 2028. The precise antecedent valuation date for HVCTS has not yet been set in legislation.
Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →