Content

RESOLVED that Cabinet recommends to
Council –

 

(a)       that there be parity
between the standard second home and long term empty premium, to minimise avoidance by taxpayers (who may apply to switch to
the more favourable category) and so ensure the
administrative burden is not increased significantly, except for properties
that fall within recommendation (c) below;

 

(b)       that the second home and
long term empty premium charge will remain at 50% for April 2023 then increases
to 100% from April 2024, then 150% from April 2025, and

 

(c)        that properties that
have been unoccupied and unfurnished for 5 years or more pay a higher premium
at 50% more than the standard premium.