28/09/09 - Lib Dem Tax Plans Would Mean Soaring Bills

 Lib Dem House Price Tax and Local Income Tax Would Mean Soaring Bills in Hampshire

Caroline Nokes, the Conservative candidate for Romsey and Southampton North at the next General Election has expressed her concern at the Liberal Democrats’ announcement at their Party Conference of plans for a new house price tax – on top of the existing Liberal Democrat proposals for a new local income tax.

Their new house price tax – to be levied at 0.5 per cent on a home’s value every year – would be slapped on all higher-value homes, with no account taken of the ability of residents to pay.  In addition they have admitted that the Government’s Valuation Office Agency would be instructed to undertake annual inspections of all detached homes across Hampshire to assess whether or not they should pay the new tax. Regardless of whether homes are caught by the tax, residents will have a yearly visit from an inspector snooping on their gardens, bathrooms and bedrooms. There are over 8000homes in TestValley in council tax bands F, G and H which would be affected.

All this comes as the Labour Government is gearing up for a wholesale council tax revaluation across all flats and houses in England. They are developing a Big Brother property database to photograph and record people’s patios, parking spaces and the scenic views they enjoy. Wales has already had a revaluation which resulted in soaring bills for family homes.

In addition, Liberal Democrats have confirmed their plans for a local income tax of 3.5 per cent on the basic and higher rates of income tax. This would hammer working families in TestValley where a couple on average incomes would pay nearly £400 a year more under local income tax.

Caroline Nokes said:

“Liberal Democrats’ plans for a new house price tax make the choice for voters at the next election even clearer. Both Labour and Liberal Democrats have now signed up to intrusive tax revaluations of people’s homes to hike up bills. Local residents of all backgrounds face a double whammy of higher income tax and punitive property taxes.

“Only Conservatives are opposed to these tax-raising plans – and have vowed to stop any house tax revaluation and abolish council tax inspectors’ rights of entry into your home.”