Outrage at the ‘nasty tax,’ in which all Britons, regardless of income, face’skyrocketing’ costs.
Britons have been warned of a “particularly terrible tax” that may cause their bills to “skyrocket” as early as next year, regardless of their income. The government’s stated interest in hiking Council Tax to help pay for its social care goals has sparked outrage. According to one expert, some UK households could face tax payments of “up to £3,000.”
The TaxPayers’ Alliance’s Grassroots Campaign Manager, Harry Fone, is raising concerns about a prospective increase in Council Tax.
In order to address the country’s social care crisis, MPs are allegedly considering hiking the tax rate. Following the Government’s announcement of a 1.25 percent increase in National Insurance payments next April, which will coincide with the increase in Council Tax, this would be a “double whammy” tax hike for British taxpayers.
Mr Fone explained on GB News how this “nasty tax” increase will have a significant impact on families across the country.
“As I usually say, you can’t tax your way to prosperity,” he explained.
“Council Tax is a particularly vexing tax because it isn’t based on your ability to pay.
“It has nothing to do with how much money you make. It’s based on the value of your home, and the evaluations in England started in 1993.”
Many people are dodging capital gains and inheritance taxes, according to Rishi Sunak.
“The typical Band D Council Tax bill in England is now approaching £1,900,” he stated. It was only £901 in 2001/2002 if you go back to 2001/2002.
“That’s a 111 percent rise in Council Tax in cash terms. We have a situation where a third of councils, or approximately 104 (councils), charge more than £2,000 for a Band D bill.
“Now, if we see another increase in Council Tax of around 4%, 5%, or perhaps 6%, it will shortly explode to about two-thirds of English councils.”
Local authorities in England collected an average Band D Council Tax of £1,818 this year, according to official government estimates.
This is a £68 increase, or 3.9 percent, above the £1,750 figure for the 2019-20 tax year.
Mr Fone claims that the existing status of Council Tax in the UK is already too much for many people to endure.
“Nottingham City has.” Brinkwire Summary News, he added.