Amount of Land Tax

I would suggest that the Land tax charged would be at a similar rate if not at a lower rate than that charged in England.

Why the contribution is important

Surely retaining investment in Wales would be of advantage to our Country. By increaseing our levels of Land Tax my view is that it would discourage investment in Wales.

by Charlotte on October 03, 2016 at 11:31AM

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Comments

  • Posted by Puffeddragon October 13, 2016 at 10:16

    Very few purchasers (other than those living in the border towns) make a choice of buying in Wales or England, so pegging the tax to the rates charged in England would have little effect. If I want to buy a house in Cardiff I would factor in the % of land tax for Wales, the fact that it may be slightly cheaper or cost more in England isn't suddenly going to make me more or less likely to purchase in Wales, I'll buy where I need to live and where my family is based.
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