# Labour MPs urge property tax reform that could raise South East bills

- URL: https://talkfuse.com/story/call-for-new-property-tax-that-would-hammer-the-south-east/
- Published: 2026-10-22T23:07:55+00:00
- Original publisher: Daily Mail (publisher lean: Right)
- Original article: https://www.dailymail.com/news/article-16231589/Call-new-property-tax-hammer-South-East.html?ns_mchannel=rss&ns_campaign=1490&ito=1490
- Topics: Business, Markets, World

## Key points

- Labour MPs want council tax and stamp duty replaced.
- The proposed 0.48 per cent tax would vary sharply by region.
- Fairer Share says most households would save money.

## Summary

Labour MPs are urging Chancellor John Healey to replace council tax and stamp duty with an annual tax linked to property values. The proposal is intended to reform a system they say is unfair and ease bills in areas where Labour has lost support, but it would raise charges for many households in London and the South East.

Campaign group Fairer Share proposes a 0.48 per cent annual tax on homes. It estimates an average bill of about £748 in the North East and £1,824 in the South East, while saying 77 per cent of households would save an average of £550. The group also warns that council tax bills for low and middle-income households could rise by £900 over the next decade without reform; polling it cites found support for a property-value tax among voters across several parties.

## Coverage

- [Daily Mail: Labour MPs urge property tax reform that could raise South East bills](https://www.dailymail.com/news/article-16231589/Call-new-property-tax-hammer-South-East.html?ns_mchannel=rss&ns_campaign=1490&ito=1490)
- [Daily Mail: Labour MPs urge Chancellor to replace council tax with property value levy at the Budget in move that would hammer the South East](https://www.dailymail.com/news/article-16230969/Labour-MPs-Chancellor-council-tax-property-value-Budget.html?ns_mchannel=rss&ns_campaign=1490&ito=1490)

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.