How to fix property taxes

Institute for Fiscal Studies Institute for Fiscal Studies

6
16 ngày trước
From council tax and stamp duty to business rates and taxes on landlords, the UK’s system for taxing property is complicated, inconsistent, and long overdue for reform.

Homes aren’t just places to live - they’re also assets and a major form of saving - which makes deciding how to tax them especially tricky.

In this episode, Helen is joined by Stuart Adam and Ben Zaranko to explore how property is currently taxed, what’s gone wrong, and how it could be made fairer and more efficient.

Become a member: https://ifs.org.uk/individual-membership

Find out more: https://ifs.org.uk/podcasts-explainers-and-calculators/podcasts

00:00 - Introduction
2:40 - Council tax explained
7:00 - Stamp Duty
10:45 - The problems with council tax
17:55 - The problems with Stamp Duty
22:45 - How to fix housing tax
32:50 - Business rates
34:00 - Taxing landlords and owner-occupiers
45:10 - Why should we reform property taxes
48:10 - Conclusion