22nd
Jun 2021
Anglesey Council is holding a public consultation on its proposals for the authority to increase the council tax premium on second homes, which of course includes holiday home lets, and intends to increase it to 50 per cent.
In 2019 the council increased the tax premium on second homes to 35% and wants the new rate of 50 per cent to start from its next financial year April 2022.
Th council claims to have used £350,000 from its premium each year and has helped over ninety residents to jump on the housing ladder by being able to purchase their first home.
The council states that there around 2,000 plus properties on Anglesey that are still unoccupied during various periods of the year, and it now intends to raise extra funds from the tax premium increase help more local residents to buy their first home.
Robin Williams the council’s finance portfolio holder says: “Through this consultation process, we’ll be seeking the views of Anglesey residents, owners of second homes on the Island and operators of self-catering accommodation, on our intention to increase the premium to 50 per cent from April 2022.
“The existing premium charge on second homes has already helped us support Anglesey residents to secure their first homes and live in their local communities. Raising the premium would allow us to give more of our young people that extra support needed to get on the housing ladder, which is currently so difficult because of high property prices.”
Anglesey residents, self-catering operators and owners of second homes are invited to participate in the consultation which is open till August 6th and can be accessed from the council’s website.
Welsh councils were handed powers to charge extra premiums on ‘residential’ properties that remained vacant during periods throughout the year in 2017.
So far ten local authorities have introduced premiums on second homes ranging from 25 up to 100 per cent.
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