Government sources have revealed that plans are afoot for an additional tax to supplement the Bedroom Tax, to be introduced early in the new Parliament in the event of a Conservative victory at the general election in May.
A “Second Kitchen Tax”, which is being touted as a Tory alternative to a “Mansion Tax”, and a logical “progressive tax” addition to the Bedroom Tax, will, it is proposed, raise a modest income, but our source said, “…it will hit hardest those with the broadest shoulders.”
Officially to be called the “kitchen under occupancy tax”, this tax will affect anyone paying tax at the higher rate, whereas standard rate tax payers will pay at a reduced rate, and housing benefit claimants will have their monthly allowance reduced by up to a maximum of £60, all depending on the combined sizes of both kitchens.
Exemptions will include genuine use of a second kitchen facility for:
- A butler’s pantry
- A housekeeper’s and nanny’s “brew” room, or
- An occasional sandwich preparation area for “tea and quick snacks”.
Our source close to Government has revealed that in this “age of austerity” any new government would have to consider everything, including the second kitchen sink.
New Property Tax Planned – http://t.co/GaoYJPc7al
— LandlordZONE (@LandlordZONE) April 1, 2015