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Oral question asked in the House of Lords, by Lord Berkeley (Labour). It was answered on Thursday, 2 November 2006.


Taxation: Council Tax

Question
My Lords, when a new transport link gets built—such as Crossrail, which is in proximity to the site for the Olympics—and people who live in the vicinity find the values of their house doubling or trebling, as has already happened around Stratford, would it not be reasonable for the community to get some of that benefit rather than the windfall all falling on the lucky owner?
Answer

My Lords, as I said, council tax is based and always has been on the value of your home, which depends on where you live. That is hardly new. My noble friend makes a good point.


Secondary information

Type
Oral question
Reference
686 c405-6 
Session
2005-06
Oral question type
Supplementary
Chamber / Committee
House of Lords chamber
Subjects
Council tax Local government finance Reform
Link
View this Oral question on www.publications.parliament.uk