-
I'd personally like to see an empty property tax that's going up for every year it's empty. Still a lot of empty land here.
A staright forward property tax would start to address that. Holding onto land and doing nothing with it currently costs you nothing. If you were paying x% a year you might be more likely to do something.
Tldr happy to pay taxes, sort off. The fact so much is wasted and legally not paid annoys me though...
I'm annoyed by people who avoid/evade tax and by fraud but I don't see a lot of waste, no more than in any large organisation anyway.
jellybaby-
Billions pissed away on dodgy COVID contracts, nepotism & corruption all over.
Sure I accept there is always some of that in any organisation. Mistakes are made etc. But I think government corruption controls really need tightening.
We can give away pens at work during graduation fairs while they sell off things on the cheap to mates. Then there's RHI where meeting minutes were lost / not taken.
I think empty land/property needs taxed more severely as it contributes to the housing crisis.
Near me there's two plots which would hold 8 houses / 16 apartments but nobody is selling. One has been empty for 20 years.
There's another plot that could hold 60 houses.
Also not everyone has a house like London that gained tons of value and so calculating the true value of a lived in property is hard.
My parents live in a lower income part of NL selling their house won't get them anything in Amsterdam. Must be similar for north of England Vs London.
But wealth, property and land and tiny banking transaction fees must happen I think.
EDIT to clarify: The wealth of a property in London is super high if you look at the increase, but if you have to move to another place in London you haven't gained much. So the easiest thing is to just have x% of the house value as a tax, but that won't address that in some parts the house values jumped massively. But perhaps there's nothing you can do about that with a property tax.
JWestland
Sure but it better hit property investment firms too.
As we bought a house and sure we can offset this tax against mortgage going down over time if such a tax happens, but I'm pretty annoyed paying taxes while others can play games & there's a huge rent crisis even in Belfast.
I'd personally like to see an empty property tax that's going up for every year it's empty. Still a lot of empty land here.
On top empty properties renovation is expensive & you can't get a mortgage on an unliveable property. So those all end up in for-profit hands.
Renovation grants if you want to rent it for social rent rates like they have in France & being able to mortgage and renovate may also help.
Tldr happy to pay taxes, sort off. The fact so much is wasted and legally not paid annoys me though...