Labour U-turn on property tax – after just eight days!

Labour U-turn on property tax – after just eight days!


Todays other news
The changes affect lettings and sales agents, and the house...
Software inputs and reconciles data from rental statements....
Competition hots up for landlord borrowers...

A plan to charge second home owners in Edinburgh four times the normal rate of council tax has been halted – after just eight days.

The 300% premium was agreed to be introduced on April 1 by City of Edinburgh, which has a minority administration led by Labour. 

When introducing the tax surcharge the council said it was a bid to get more homes into the mainstream housing market.  

The council defines a second home as a property which is furnished, lived in for at least 25 days during a 12 month period, and not someone’s main residence.

But eight days into the new system, the council announced that affected residents would receive a revised bill charging them twice the normal council tax rate – the same as last year.

Council finance convener Mandy Watt says she’s sorry for any uncertainty caused while further work is done to assess the impact of the huge rise. 

The council said the introduction of the new premium required further work to engage with those affected and consider timing.

They expect this further work could take six months.

Watt says: “This will allow us to engage on the impact of the rise and consider any amendments or exemptions to the policy.

“The rate will remain at last year’s level while we do this. We’re sorry for any uncertainty this has caused.”

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Landlord Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
5 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Recommended for you
Related Articles
Software inputs and reconciles data from rental statements....
It's another Article 4 direction requested by a council seeking...
New figures have been released by HMRC...
A paper is to be published after the May local...
The warning says no landlord, anywhere, is immune from the...
Recommended for you
Latest Features
Graham Hayward is Managing Director of Housing Hand...
From 1 July 2026, the energy price cap rises by...
Landlords have spent much of the past fortnight staring at...
Sponsored Content

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.