Question to the HM Treasury:
To ask the Chancellor of the Exchequer, which properties will be subject to revaluation by the Valuation Office following the implementation of a High Value Council Tax Surcharge.
As announced in the Autumn Budget, the high value council tax surcharge will be a new tax on domestic properties in England which have a value of £2m or above in 2026.
The Valuation Office Agency are developing their approach to the targeted valuation and will set out more details in due course, following the outcome of the Government's consultation.