Rises in council tax have been announced by the Government this morning and will be implemented as soon as Friday. The rise is the latest in the catastrophic cost of living crisis being felt by Brits currently. Along with council tax, National Insurance, energy bills, and the biggest income crop recorded since the 1950s, this crisis is quickly beginning to outdo the 2008 financial crash.
How much will my council tax rise by?
According the Government’s Wednesday morning release: “The average Band D council tax set by local authorities in England for 2022 to 2023 will be £1,966, which is an increase of £67 or 3.5 percent on the 2021 to 2022 figure of £1,898.”
The Government admits this does not take into account the £150 rebate being issued for bands A to D.
Today’s figures confirm 63 out of 151 in England are lifting bills by more than 3 percent.
READ MORE: April bill rises: Everything you’ll be paying more for from this week
How is council tax calculated?
Council tax is calculated according to how much your home is worth.
In England, it is based on your home valuation from 1991, and the devolved nations each have different bands to England, and Northern Ireland still has domestic rates instead of council tax.
The current council tax bands for England are:
A – Up to £40,000
B – £40,000-£52,000
C – £52,000-£68,000
D – £68,000-£88,000
E – £88,000-£120,000
F – £120,000-£160,000
G – £160,000-£320,000
H – More than £320,000
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