Cabinet agreed to recommend to Council that: 

1.    Subject to the Levelling Up and Regeneration Bill receiving Royal Assent, from 1 April 2024 the current 100% premium for dwellings which were unoccupied and substantially unfurnished would be levied after a period of one year;

2.    Subject to the Levelling Up and Regeneration Bill receiving Royal Assent from 1 April 2024 a premium of 100% would be levied on all dwellings which were unoccupied and substantially furnished (second homes).