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flag Isle of Wight to levy 100% council tax surcharge on second homes to tackle housing shortages.

flag Starting April 2025, the Isle of Wight will impose a 100% council tax surcharge on second homes to address housing shortages. flag This move, enabled by UK legislation adopted in February 2024, aims to boost local services with an estimated £5 million in extra revenue. flag Exemptions include properties for sale, rented within a year, or used by armed forces personnel. flag Owners must submit a form detailing their situation.

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