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FINANCE

Hunt rules out 'expensive' council tax revaluation

Chancellor Jeremy Hunt has pledged that if elected a Conservative government would not undertake a council tax revaluation.

Chancellor Jeremy Hunt has pledged that if elected a Conservative government would not undertake a council tax revaluation.

Writing in a national newspaper, Hunt promised the Conservatives would not ‘increase the number of council tax bands, undertake an expensive council tax revaluation or cut council tax discounts'.

Council tax is charged on properties that are grouped into valuation bands based on domestic property values from more than 30 years ago.

Earlier this year, the Northern Powerhouse Partnership think-tank said that a revaluation was ‘long-overdue'.

The Welsh Government plans to introduce five-yearly revaluations from 2028.

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FINANCE

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