Independent Reviewed 27 July 2026

Would you pay more or less under a 0.48% property tax?

Use this England-only scenario to compare the published headline rate with the Council Tax you actually pay and explore the possible effect of replacing stamp duty.

Status: Historical campaign proposal — not enacted policy

Context checked 27 July 2026: current reporting says Andy Burnham rejected calls to abolish Council Tax. This tool models the separate rates published by Fairer Share in 2020. Read the report ↗

LATEST NEWS · CONTINUOUSLY REFRESHEDFollow relevant developments from monitored sources

Your quick estimate

Enter your own figure or use the sold-price estimator above.

Use the annual amount after discounts or reductions, excluding arrears.

Uncapped headline-rate estimate

£1,680

£470 less than your current council tax

Monthly equivalent£140
Rate modelled0.48%
Property value£350,000
Published transition proposal: Fairer Share also described limiting the initial increase for an existing primary residence to £1,200 a year, ending when the property is sold. The uncapped estimate above is already within that limit. The main result stays uncapped because eligibility and any future implementation are not law.
Add an ownership-period and stamp-duty comparison

Optional: enter your own current SDLT estimate.

Over 10 years, holding every value flat, the proposed charge totals £16,800. Your entered Council Tax plus entered stamp duty totals £21,500. That makes the modelled proposal £4,700 lower over the period.

England-only educational estimate. It models the uncapped headline rates in Fairer Share's August 2020 written evidence, uses one entered value as a three-year-average approximation and assumes no change in property value or Council Tax. Future support, reliefs, deferrals, local variation and legislation are not modelled.

The published model

One percentage, applied every year

The proposal is straightforward to calculate, but it would change who pays, when they pay and how property value affects the bill.

1

Value the property

The proposal describes annual valuations using an average value over the preceding three years, rather than England's historic Council Tax bands.

2

Apply the proposed rate

Owner-occupied homes use 0.48%. Second, empty and non-resident-owned homes use the proposed 0.96% higher rate.

3

Charge the owner

Liability transfers from occupiers to property owners. A proposed deferral mechanism would support owners unable to pay.

Read the full plain-English explanation →
Illustrative charges

What 0.48% looks like in pounds

These examples apply only the proposed uncapped headline rate. They do not apply transition rules, forecast house-price changes or represent an actual liability.

£200,000 property£960/year£80 per month

Lower-value owner-occupied home

Compare £960 with the property's present annual Council Tax bill to see the indicative difference.

£500,000 property£2,400/year£200 per month

Owner-occupied family home

The annual charge grows directly with the property value, regardless of its existing Council Tax band.

£500,000 second home£4,800/yearProposed 0.96% rate

Higher-rate property

The model proposes doubling the rate for second, empty and non-resident-owned homes.

Latest coverage

The proposal in the news

Headline links are collected automatically and always send you to the original publisher. Inclusion is not endorsement.

Financial Times

Andy Burnham rejects northern Labour MPs’ call to abolish council tax

27 Jul 2026 · policy

Read at source ↗
UK Property Accountants

Could Andy Burnham scrap stamp duty? What is known so far

22 Jul 2026 · analysis

Read at source ↗
Withers

Andy Burnham’s property tax reform: what property owners need to know

2 Jul 2026 · analysis

Read at source ↗
View the complete rolling news feed →
Primary evidence

Read the proposal, not just the headlines

Our calculations separate published proposal details from political commentary and developing news.

Parliament

Written evidence from Fairer Share

The August 2020 source for the 0.48% and 0.96% rates, owner liability, proposed SDLT treatment and deferral mechanism.

Open the evidence PDF ↗
Campaign proposal

Fairer Share explanation

The campaign's current description of its Proportional Property Tax and the intended taxes it would replace.

Visit Fairer Share ↗
Independent methodology

How 048.TAX calculates results

Every formula, assumption, limitation and update rule used by this calculator is published for scrutiny.

Review our methodology →
Questions answered

What is known — and what is not

Is the 0.48% property tax government policy?

No. This England-only calculator models rates in Fairer Share’s August 2020 Proportional Property Tax evidence. No legislation has been passed and any future design, rate or implementation could be different.

Does the result include the proposed transition cap?

The main result is an uncapped headline-rate estimate. Fairer Share also proposed limiting the initial increase for an existing primary residence to £1,200 a year until the property is sold; the calculator explains when that published cap could affect the starting figure.

What would the 0.48% charge replace?

The published model proposes replacing Council Tax and abolishing Stamp Duty Land Tax on owner-occupied property. SDLT would remain for second homes and non-resident buyers.

Who would pay the tax?

Under the proposal, property owners would be liable rather than tenants. Owner-occupied homes would use the 0.48% headline rate. Second, empty and non-resident-owned homes would use a proposed 0.96% rate.

What if I do not know my home’s value?

Open the sold-price estimator, enter a full postcode and choose the closest dwelling type. It uses registered HM Land Registry sales and the UK House Price Index to provide an indicative range and a three-year-average proxy. It is not a formal valuation.

Does this calculator provide tax advice?

No. It is an educational scenario tool based on a policy proposal. It does not calculate an actual tax liability and should not be used for a financial decision.

Policy changes. Your assumptions should too.

The live tracker searches for new reporting throughout the day and clearly separates automatic links from our own analysis.

Open the live news tracker