Purpose

To receive a report regarding Council
Tax

Content

Resolved:

 

Cabinet recommends Full Council
approves:

 

With effect from 1 April 2027, introduce
a 100% council tax premium on second homes within the whole of the
Wiltshire Council area, in accordance with the powers granted under
the Local Government Finance Act 1992, as amended by the
Levelling-up and Regeneration Act 2023, allowing for only the
compulsory exceptions as set out in legislation and statutory
guidance.
 
Reason for Decision:
 
In accordance with the government’s policy
intent the rationale behind introducing a Second Homes Council Tax
Premium is to help tackle housing shortages by reducing the
incentive to hold properties as occasional-use homes and to
increase local authority revenue. It is difficult to accurately
estimate how much extra revenue this measure will bring in for
Wiltshire Council, as its introduction will inevitably trigger
changes to how people hold and declare property. However, estimates
are that this premium it will raise £1.5m per year or more in
additional council tax revenue.