Replace council tax for properties worth over £1M with a tax of 0.7%
We call on the Government to tax properties worth more than £1M by 0.7% of their value.
Signatures
7
signatures
Government response threshold (10,000) · 7/10,000
Debate threshold (100,000) · 7/100,000
- 03 JUN 2026Petition opened for signaturesCreated by Andrew Maltas
Background
We believe that by replacing council tax for properties over £1M and taxing the property value by 0.7% per annum would bring them inline with a lot of the poorest property owners. We think this would create fairness.