Decision details

RESOLVED that Cabinet –

(a)       agree that there be parity between the standard second home and long term empty premium, to minimise avoidance by taxpayers (who may apply to switch to the more favourable category) and so ensure the administrative burden is not increased significantly, except for properties that fall within recommendation;

(b)       agree to the following proposals that will inform a public consultation prior to final decisions by Cabinet and Council:

·         the second home and long term empty Premium charge will remain at 50% for April 2023 then increases to 100% from April 2024, then 150% from April 2025

·         that properties that have been unoccupied and unfurnished for 5 years or more pay a higher premium at 50% more than the standard Premium, and

(c)        that the decision be implemented immediately in accordance with paragraph 7.25 of the Council’s constitution given the need to complete the necessary consultation in a timely manner.