Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if he will bring forward proposals to increase council tax by up to 100 per cent on second homes.
It would not be appropriate to comment on the likelihood of future tax changes outside of fiscal events. However, the Government keeps all tax policy under review.
It is worth noting that purchases of second homes in England and Northern Ireland will be liable to pay the Higher Rates for Additional Dwellings Stamp Duty Land Tax surcharge. This was introduced in 2016 as part of the Government’s commitment to support first time buyers.