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Housing: Taxation

Asked by James McMurdockIndependentTreasuryTabled Answered 10 June 2026UIN 6064

The question

To ask the Chancellor of the Exchequer, with reference to HM Treasury’s press release entitled Fairer taxes for high value homes, published on 20 May 2026, what safeguards she will put in place to ensure accurate valuation of properties..

Answered by Dan Tomlinson

The Valuation Office will undertake a targeted valuation exercise to identify properties within scope of the High Value Council Tax Surcharge. Professional valuers will use the best available information, drawing on a range of data sources and applying industry‑standard valuation techniques to ensure that assessments are as accurate as possible.

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