Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether the high value council tax surcharge will be valued by the Valuation Office Agency by the same assumptions and methodology as current council tax, other than the valuation date.

The Valuation Office Agency are developing their approach to the targeted revaluation and will set out more details in due course, following the outcome of the Government's consultation.

In general, when valuing domestic properties, the VOA uses modern technology and industry standard techniques combined with freely available information including sales data, property attribute details and government records.