Written Question·Treasury·UIN HL1958
Land: Taxation
Tabled: 13 July 2026
Answered: 24 July 2026
Question
To ask His Majesty's Government what assessment, if any, they have made of the impact of the introduction of a land value tax on (1) residents, (2) the local economy, and (3) house prices, in central London.
Answer
The current UK property taxes are an important source of revenue for both the Exchequer and Local Authorities. They raise over £75 billion each year to help pay for essential public services. Any reforms to the property tax system would need to carefully ...
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