A review into the organisation and funding of local government has proposed changes be made to council tax bills which could increase costs for the most expensive UK homes as well as businesses, but would give more pensioners a rebate.
Details of the Lyons Inquiry report, produced by Sir Michael Lyons and published this morning, suggest several options the government could consider for the management of local government funding, and which consider whether council tax is still an appropriate method of getting monies from local households or whether a local income tax would be more appropriate. According to the report, “council tax is not broken” but the key consider should be whether it is fair to effectively charge everyone the similar rates regardless of savings and income. So Lyons is proposing the government could ...
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