UK Parliament / Open data

Council Tax (New Valuation Lists for England) Bill

There is no such intention in England. The commitment was to ensure a revaluation based on the current yield, with no increase in yield. In Wales, a number of changes were made: an additional band was added, which must had some impact on that process. It was therefore a very different scenario, and we should not assume that because there was an increase in Wales, there would be a similar increase in England. If the hon. Gentleman examines the figures, he will see the difference. As I said, the estimates produced by both the Halifax and the RICS show that a larger number of households are likely to gain from revaluation than to lose. I do not remember the precise figures, but about 33 per cent. of households in Wales lost and only about 8 per cent. gained. That is a very different scenario from the one that we envisage for England.
Type
Proceeding contribution
Reference
439 c53 
Session
2005-06
Chamber / Committee
House of Commons chamber
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