Fairer Share Founder Andrew Dixon joined LBC News this week to discuss why Britain’s outdated property tax system is long overdue for reform – and why the Proportional Property Tax (PPT) offers a fairer, smarter alternative.
With the Autumn Budget fast approaching, all eyes are on the Chancellor and whether this government will finally take bold action to fix Britain’s broken property taxation which have been unfair for over 30 years.
Why this matters now
Right now, Council Tax is still based on 1991 property values, meaning a family home in Blackpool can pay more than a mansion in London. Meanwhile, local councils are on the brink of financial collapse, and Stamp Duty continues to block housing mobility and growth. That’s why this is a crucial moment: the Chancellor is look at tax reform ahead of the Autumn Budget later this month, and both major parties are exploring property tax reform for the first time since Council Tax was introduced 30 years ago. The country can’t afford another tweak around the edges – we need bold tax reform and now is the moment to make it happen.
Benefits of the PPT
Under the Proportional Property Tax, all households would pay the same flat rate – 0.48% of their home’s current value – replacing Council Tax and Stamp Duty. It’s a simple, transparent system that means 76% of households would get a tax cut, saving an average of £556 a year, while local councils finally get the sustainable funding they need.
It’s fair, it’s growth-friendly, and it levels up the country by design, ensuring that those who can afford to pay more do, and those who can’t are no longer overburdened by a broken system.
Now is the time to act. With the Budget weeks away, it’s vital MPs hear from their constituents demanding a fairer, modern property tax system.
Take action:
👉 Email your MP today and ask them to back a Proportional Property Tax that replaces Council Tax and Stamp Duty.