I am grateful to the noble Lord for giving way. I see the anomaly that he refers to. However, is it not the case that the person who bought the house before the value crashed did so with their eyes open? They knew what their tax liability would be. Is it not fair that that liability is maintained, even though the value of the property may have changed?
Council Tax Valuation Bands Bill [HL]
Proceeding contribution from
Lord Butler of Brockwell
(Crossbench)
in the House of Lords on Friday, 22 April 2016.
It occurred during Committee of the Whole House (HL)
and
Debate on bills on Council Tax Valuation Bands Bill [HL].
Type
Proceeding contribution
Reference
771 c881 
Session
2015-16
Chamber / Committee
House of Lords chamber
Subjects
Librarians' tools
Timestamp
2017-02-21 09:34:20 +0000
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http://hansard.intranet.data.parliament.uk/Lords/2016-04-22/16042225000104
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