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The Independent UK
The Independent UK
Lifestyle
Chris Blackhurst

Voices: Calm down, homeowners – Rachel Reeves’ property tax might be an improvement

Another day, another idea that Rachel Reeves is said to be considering. It’s as if the chancellor is putting suggestions out there to see what sticks. Either that, or she just wants to be seen to be busy and to let it be known she has considered all options before delivering her autumn Budget, which is when we will discover for certain.

What is clear is that Reeves has a funding gap to fill, and the backdrop – of stretched national and local public services and a flatlining economy – isn’t pretty. Nor too is a regime of anachronistic, complex and often unfair taxes, especially regarding homes.

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