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I'm quite happy for people in London with bonkers expensive houses to pay more tax than people in not-London.
Sure but what about people whose houses seem bonkers expensive by national standards but are probably just normal family sized houses? How much more should they pay - is the same % as that paid by those with houses outside London already progressive enough, or do you think it should be more than that?
andyfallsoff-
Sure but what about people whose houses seem bonkers expensive by national standards but are probably just normal family sized houses?
This. Just a normal family home, same as my wider family. I just happen to live in London and they live in North Kent. Whats the reason I should pay more? Their houses are bigger than mine!
Haino
Agreed. Far too many people sit on property of many sorts watching it appreciate while doing nothing.
The Valuation Office Agency have a process for it, complete with appeals etc.
I'm quite happy for people in London with bonkers expensive houses to pay more tax than people in not-London.