Petition · HM Treasury

Replace council tax for properties worth over £1M with a tax of 0.7%

Open for signatures 26 signatures

What the petition asks

We call on the Government to tax properties worth more than £1M by 0.7% of their value.
We believe that by replacing council tax for properties over £1M and taxing the property value by 0.7% per annum would bring them inline with a lot of the poorest property owners. We think this would create fairness.

Timeline

3 Jun 2026 Petition opened for signatures

Key facts

Signatures 26
Status Open for signatures
Department HM Treasury
Opened 3 Jun 2026

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Source: the official petition page. Last checked 26 Jul 2026.