Nov 2, 2025
Policy
Council tax on ‘expensive homes’ – but most of the money comes from the not-so-rich
The FT has reported that Rachel Reeves is planning a “Budget tax raid on the owners of expensive homes”, expected to raise around £4bn. But less than a 20% of that revenue comes from homes in the top council tax band, while roughly 80% comes from the much larger group of homes in the second-highest […]