LABOUR is planning to replace Council Tax with a levy on land, which could see the household bill treble.

But what is the levy dubbed the “Garden Tax” and how could it affect you? Here’s everything we know…

Labour is planning an overhaul of the tax system - but how much will it cost you?

Labour is planning an overhaul of the tax system – but how much will it cost you?

What is Labour’s Garden Tax?

Labour plans to replace Council Tax, and possibly even Business Rates, with a Land Value Tax – dubbed the “Garden Tax”.

The annual tax is calculated using the market rental value of land so would hit those with large gardens particularly harshly.

It’s believed the move could rake in millions, amid reports an early blueprint suggested slapping a levy of 3 per cent on…