© 2025 News On The Block. All rights reserved.
News on the Block is a trading name of Premier Property Media Ltd.
© 2025 News On The Block. All rights reserved.
News on the Block is a trading name of Premier Property Media Ltd.
Sixty-nine per cent of MPs believe additional higher-rate council tax bands would be a better way to reform annual property taxes on high-value homes than introducing a mansion tax.
That’s according to a poll commissioned by the British Property Federation (BPF), which revealed that 39% of Labour MPs surveyed favour additional higher-rate council tax bands over a mansion tax. Just over half (56%) thought a mansion tax would be preferable.
The majority (89%) of Liberal Democrat MPs surveyed also prefer additional council tax bands to a mansion tax, as do 92% of Conservative MPs.
Asked separately whether they would support a revaluation of all homes to update council tax, 75% of MPs agreed (87% of Labour MPs, 64% Conservative), with 53% of those who would like to see reform preferring revaluation during the next parliament.
Ian Fletcher, Director of Policy at the BPF said: “This poll shows that a full council tax revaluation rightly commands widespread political support, and that the majority of MPs recognise that basing council tax on 1991 house prices is simply unsustainable.
“The mansion tax is a political gimmick. Revaluation and raising revenue through adding more council tax bands would restore fairness to the council tax system.”