By continuing to use the site you agree to our Privacy & Cookies policy

Exchange rate

If the newspapers are to be believed, the government is planning to scrap 'council tax' in favour of a mixed property/ income tax proposal, which sounds like a messy compromise (or 'third way'). This is being suggested by local government minister Nick Raynsford, normally a safe pair of political hands, and an experienced housing and construction minister in the past. The latest proposal is clearly a way for New Labour to (at last) shove up income tax levels in addition to national ...


for less than 46p a day

Join thousands of professionals who already subscribe to the Architects' Journal.
You’ll get instant access to read this article -
and 53,000+ articles like it.

  • Trusted industry news & analysis, wherever you need itUnlimited online access and weekly magazine delivery – now also available on iPad/iPhone
  • Get ideas, get inside buildings and check precedentsBuildings Library – images, drawings and plans for exemplar projects in British architecture
  • Planning & regulation – what you need to know Protect your practice - the AJ keeps you up-to-date with changes to regulations and legislation
The searchable digital buildings archive with drawings from more than 1,500 projects

AJ newsletters