Reports emerging from Whitehall indicate that HMRC-linked valuation inspectors will begin physical visits to homes as part of groundwork for a new property tax set to take effect from 2028. The move signals that the long-rumoured overhaul of how residential property is taxed in England has moved from speculation to active preparation, with officials understood to be trialling valuation methodologies ahead of a formal rollout. For an industry that has operated for more than three decades on the fiction of 1991 property values - the basis for current council tax bands - this represents the most concrete step yet towards a system rooted in real, current market pricing.
HMRC Valuers Set to Knock on Doors Ahead of 2028 Property Tax
A new proportional property tax reportedly due in 2028 means physical valuations are coming - and high-value homes in London and Surrey face the sharpest scrutiny.
Source
Developed from reporting by Estate Agent Today.
Topics
HMRCproperty taxcouncil tax reformvaluations2028
