Council tax premium set to rise for long-term empty properties
Release date: 4 February 2019
When they meet on 26 February, Members of Cotswold District Council will be asked to back Government plans to increase council tax for long-term empty properties.
Cabinet Members have already recommended that the Long Term Empty Property Premium, currently set at 50 per cent, should be increased to 100 per cent from 1 April for properties that have been empty for two years or more. From 1 April 2020 properties empty for five years or more would incur a 200 per cent levy and from 1 April 2021 those empty for 10 years or more would have to pay a 300 per cent premium.
Cllr Tony Berry, CDC Leader and Cabinet Member for Resources, says,
“There are 76 properties in the District that have been empty and unfurnished for more than two years which could be being used for people who really need a home.
“Demand for property is rising and this initiative would go some way towards meeting it.”
If the recommendation is approved, there would be exemptions for members of the armed forces, properties that are genuinely for sale or let, and annexes.