Council Tax Doubles for Second Home Owners in UK Regions
New legislation aims to increase housing availability and generate additional revenue, with changes to take effect from April 2024.
- New legislation has been passed in East Yorkshire, Shropshire, and Scotland that allows local authorities to charge up to double the council tax rates on second homes.
- The new rules are aimed at encouraging owners to put second or empty homes on the market, thereby increasing the supply of housing.
- The changes also include extra charges for homes that have been empty for more than a year, a reduction from the previous two-year requirement.
- The new charges are expected to come into effect from April 2024.
- The councils estimate that the new charges could bring in significant additional revenue each year.