Council Tax banding
04/05/2014 19:44:00......Posted by Mario Creatura
Whilst out canvassing in Coulsdon this morning, a resident asked how the Council decides the criteria for the banding that they base the rate of Council Tax on. Here's a quick, and hopefully helpful, explanation:
Each property is allocated to one of eight bands coded by letters A to H on the basis of its assumed capital value. Each local authority sets a tax rate expressed as the annual levy on a Band D property inhabited by two liable adults. This decision automatically sets the amounts levied on all types of households. To calculate the council tax for a particular property a ratio is then applied. A Band D property will pay the full amount, whereas a Band H property will pay twice that.
So using the going market value of your dwelling, the Council alters the amount of Council Tax you pay according to the value of your residence. If you think there’s been an error in your classification, then get in touch: firstname.lastname@example.org.
The great news is that under the Conservatives, Council Tax has gone down by 4.5% in real terms over the period during which we have been in control of Croydon Council. From 2006-2014, we've made difficult decisions and prudently managed your money to ensure greater return on your investment. Through some exceptional financial management, not only have the Conservatives invested in some of the most significant local schemes in recent years but they have also been able to freeze council tax. And because we recognise that things are still difficult for many residents, in addition we have been able to give back a little by taking £25 off this year’s bills to help support households and boost the local economy.
By comparison, from 1994-2006 when the Labour party were last in charge of the town hall, in relative terms your Council Tax went up 108%.
When faced with the evidence, and the choice of who to support at the ballot box on 22nd May, you need only ask yourself one question: who do you think has the better track record managing our town?
More information can be found on the Council website.