Pross
Well-Known Member
Good to see the needle is still firmly stuck on the same old record. It's nice to have some certainty in this ever changing world.
Can someone tell him about the link detached 1400sq ft 3 bed new builds 3 minutes walk the other side of the main road into town? That is £400k cheaper.Good to see the needle is still firmly stuck on the same old record. It's nice to have some certainty in this ever changing world.
Can someone tell him about the link detached 1400sq ft 3 bed new builds 3 minutes walk the other side of the main road into town? That is £400k cheaper.
He's still a dick.
No, it's literally the other side of the road. There aren't even any tracks along that road to be the wrong side of.I guess that's the part of Cambridge he usually portrayed as some kind of distopian hell hole and not the sort of place you invite the chattering classes for a dinner party to discuss your 6 figure salary though.
So the latest rumour is changing Council Tax banding / increasing levels for the highest bands. I guess this would play well with the likes of a certain Cake Stopper who would regularly bemoan all the boomers in their multi-million pound houses and to be honest having more bands would make sense to capture those in the largest properties. However, I'm confused how this benefits the national government budget as I assumed the revenue goes to local councils? I guess the government would make a reduction in how much grant they give to the councils to compensate? There is also some discussion about revalueing all properties although it looks like that has been ruled out. I wonder what difference it would make, I suppose it would penalise those in areas where prices have risen faster than the average rate (there are probably a few areas in London particularly that were a bit dodgy in 1991 that are now sought after).
Given the disparity in property prices, between the South East (London in particular) and most of the rest of the UK, I dont see how a single valuation banding system can work. For example, we have a modern 4 bedroom detached house in South Tyneside, Council Tax Band D, value, about £350,000. My son, has an almost identical house in Windsor, not sure what his Council Tax band is, but, house value is about £900,000.
IMHO, the Council tax system was a cobbled together abortion, to replace a poorly thought of Poll tax system, which in turn, replaced, a very old, but, equally defective Domestic Rates System.
Again, IMHO, if we are to have Local Authorities funded (at least in part) by Local Taxation, the only fair way to do it is via a Local Income Tax. Good luck with getting that approved, and, even more good luck in collecting it effectively. We could simply fund Local Authorities from Central Government, if someone can work out a fair and equitable system.
It wouldn't appear to be beyond relatively simple algorithms for the property bands to be re-assesed say every 5 years to reflect changes in local markets and to make them relative to the 'average' house price in an area as all that data seems to get regularly updated anyway.
I think the purpose of Council Tax should first be properly specified. At present it seems just a means to raise revenue. If it's to pay for Council Services is property valuation really a sensible basis to set amounts? Assuming higher property value equates to higher income/wealth is just flawed - so often cycling around I pass houses and reflect that the value of the Range Rovers parked outside is probably similar to the value of the small bungalow itself.IMHO, the Council tax system was a cobbled together abortion, to replace a poorly thought of Poll tax system, which in turn, replaced, a very old, but, equally defective Domestic Rates System.
He's basically gone to the shop, seen Ultegra that he can afford, and Dura Ace that he wants, and winged that Dura Ace is really expensive and doesn't even have 13 speeds yet.