The idea
Like many, i have done the right thing and bought my own home so i'm not reliant on social housing, which is fortunate as i don't think i'd be eligable being the most discriminated against sector of society…. single white male without children.
having bought a house in need of investment, (the onle one i could afford), at great financial discomfort, i am now forced to pay council tax on this whilst i renovate it. This prevents me from investing in the house so i can live in it, at which time i will be eligable for a 25% discount.
I am investing in the local housing stock, but there is no incentive to do so. The council tax exemptions should be updated to ensure people who do the right thing are not penalised by local authorities.
Why is it important?
It's an unfair tax system that encourages people to be reliant on the state rather than planning long term for their own future and security.