9 ALLOCATION OF INCOME FROM THE SECOND HOMES AND EMPTY HOMES PREMIUM FOR 2026/27
PDF 631 KB
Cyflwynwyd gan: Cllr Huw Wyn Jones
Additional documents:
Decision:
Resolved:
To allocate
the additional income from the premium on empty properties and second homes to
the priority areas set out in Part 4 below.
To
commission further work to formulate proposals for the use of the additional
premium funding of £914k relevant to 2025/26 and the remaining £4k unallocated
in this report.
Minutes:
The report
was submitted by Cllr Huw Wyn Jones.
DECISION
Resolved:
To allocate
the additional income from the premium on empty properties and second homes to
the priority areas set out in Part 4 below.
To commission
further work to formulate proposals for the use of the additional premium
funding of £914k relevant to 2025/26 and the remaining £4k unallocated in this
report.
DISCUSSION
The report
was submitted stating that councils were required to determine the use of the
premium in accordance with the Council Tax Statutory Guidance on empty homes
and second homes.
It was
reported that the Council had followed this principle in allocating to specific
purposes and areas; alignment with the statutory guidance on the use of premium
income and alignment with the objectives set out in the Council's Plan.
Several
considerations were then listed which also needed to be made when considering
the allocation. These included an increased number of enquiries about the
premium, further legislative changes to the tax system in 2026-27 which may
result in increased enquiries/appeals, the number and timing of appeals to the
Valuation Office putting pressure on residents and the administration of the
Tax Service, and that the notice to terminate the Welsh Government's empty
housing grant from September 2026 meant that there was no income stream for the
realisation of the Housing Action Plan's empty housing targets.
The need to
earmark the additional income resulting from the increase in the Empty Property
Premium and the collection of premium income that was above the estimates in
2024/25, was highlighted to priority areas.
A value of
£1.2 million was recommended for allocation, which was detailed in the report,
stating that this was £1.14 million on a permanent basis and £79 thousand on a
one-off basis.
Observations
arising from the discussion:
·
The
report was welcomed and the importance of the Community Fund was emphasised as
it enabled the Council to support communities.
·
Pride
was expressed that a column on impact had been added to the report, which
provided an opportunity to measure the impact of this funding on the
communities and Gwynedd residents.
Awdur: Dewi Morgan, Head of Finance