REFNATION
HousingEnded 4 Jul

Should the UK implement an annual property tax (removing stamp duty and council tax)?

Yes 70%No 30%30 votes cast

The UK currently raises revenue through stamp duty on property purchases and council tax based on 1991 property bands. Proposals from campaign groups such as Fairer Share and Labour figures including Andy Burnham advocate replacing both with a single annual proportional property tax set at 0.48% of current market value, with an initial £1,200 cap on increases and double rates for second homes. Recent analyses show potential bill reductions for most lower- and mid-value homes but rises for higher-value properties, especially in London and the South East.

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A clear 70-30 verdict for scrapping stamp duty and council tax in favour of a single annual property levy, the kind of margin that looks decisive until you notice how unevenly it was built. This was not a nation nodding along; it was one age cohort doing the heavy lifting.

The 25-34s, 15 of the 30 voters with profiles, went for reform 12-3, more than enough to carry the whole result on their own. Set against that is the 35-44 group, just four voters but three of them said no, a small but pointed dissent from those most likely to be mid-mortgage, house-proud and wary of a market-value tax that bites hardest as property prices rise. The 55-64 bracket split evenly, 3-3, the only true toss-up in the data.

The pattern echoes a familiar British divide over housing wealth: younger voters, often locked out of ownership or newer to it, tend to favour taxes that shift the burden onto asset value rather than transaction or historic banding, while those in the thick of family-home ownership are warier of anything indexed to today's prices. Men outnumbered women here and backed Yes by a similar margin, 71% to 60%, though the female sample was too small to read much into.

A property tax question decided, in the end, less by ideology than by which decade of the housing ladder you're standing on.

LeftCentreRight
70%
Yes · 21 votes
30%
No · 9 votes
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