Issue details

This report sets out the implications for a key element of the Levelling Up and Regeneration Bill; the proposed changes to allow councils to place a council tax premium on second homes and empty properties, with a number of recommendations on next steps. The aim of this draft legislation is primarily aimed to allow councils to raise additional revenue and to acknowledge the impact that second (and empty) homes can have on some communities. If the Bill receives royal assent, these options will become available to billing authorities with effect from 1 April 2024 at the earliest. All councils wishing to engage with this proposed legislation will need to have taken some form of council resolution at least 12 months prior to the financial year in which the changes will come into effect.