A new council tax revaluation would boost the Government's levelling up agenda, the Institute for Fiscal Studies (IFS) has said.
Marking the 30th anniversary of the 1991 property valuation that underpins council tax rates and which has remained unchanged ever since, the IFS said ‘two homes that are today worth the same amount can pay substantially different amounts of tax if one has seen faster growth over the past three decades than the other'.