We’re delighted that Tax Journal, the UK’s leading publication for tax professionals, has featured an in-depth article by our founder, Andrew Dixon OBE, on the urgent need for reform of property taxation.
Andrew’s article, Property taxation reimagined, sets out why the current system of Council Tax and Stamp Duty Land Tax is unfair, distortionary and outdated – and why a Proportional Property Tax (PPT) offers a fairer, simpler and more sustainable alternative.
Drawing on economic analysis, international examples and Fairer Share’s own policy work, the piece highlights:
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How Council Tax, still based on 1991 values, punishes households in poorer regions while letting multimillion-pound homes off lightly.
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How Stamp Duty discourages mobility, trapping people in unsuitable homes and distorting the housing market.
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Why incremental tweaks to either tax only add complexity, and why systemic reform is needed instead.
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How a Proportional Property Tax would replace both taxes with a fair annual levy based on up-to-date property values — cutting bills for around three-quarters of households while providing stable revenue for local government.
Being published in Tax Journal is a significant milestone: it shows that the debate on property tax reform is no longer confined to campaigners and economists – it’s now firmly on the radar of policymakers, practitioners and professionals.
You can read the full article here: Download the PDF
At Fairer Share, we’ll continue to make the case for bold reform that delivers fairness for households, stability for councils and growth for the economy.