All property taxes should be devolved to the Mayor of London to pilot reforms in a bid to protect the capital’s economy post-Brexit, according to a report by think tank the Centre for London.
The Mayor should also join together with the mayors and leaders of the UK’s other cities to create a Convention of City Leaders on Brexit, to engage with the government to get the best deal for cities. Open City, London After Brexit argues that domestic property taxes, including council tax and stamp duty, are ‘outdated, regressive and perverse’.
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