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Reband your house and get thousands back off of your Council Tax payments and cut your annual Council Tax bill by hundreds

Personal_Finance / Analysis & Strategy Jan 26, 2007 - 06:54 PM GMT

By: Shahla_Walayat

Personal_Finance

Council tax payers have the opportunity to have their properties rebanded and to have their council tax bill cut by £300 or more per year, in addition to receiving a repayment of the amount overpaid since 1991. Literally thousands of Council tax payers are having their houses rebanded lower and receiving thousands in repayments.

Reband your house and get thousands back off of your Council Tax payments and cut your annual Council Tax bill by hundreds


The current UK Council Tax system was introduced in a rush after widespread protests against the poll tax system of local taxation was finally withdrawn in 1993, and replaced with the Council Tax in April 1993, using valuations of April 1991.

The council tax is collected by means of valuation banding of domestic properties. Each local authority keeps a list of all the domestic property in its area. This is called the valuation list. Each property is then valued as of April 1991 prices and put into a valuation band. Then the local authority charges a different amount of council tax on each band.

The valuation bands are:-

In England:

Valuation band Range of values
A Up to £40,000
B Over £40,000 and up to £52,000
C Over £52,000 and up to £68,000
D Over £68,000 and up to £88,000
E Over £88,000 and up to £120,000
F Over £120,000 and up to £160,000
G Over £160,000 and up to £320,000
H Over £320,000

In Scotland:

Valuation band Range of values
A Up to £27,000
B Over £27,000 and up to £35,000
C Over £35,000 and up to £45,000
D Over £45,000 and up to £58,000
E Over £58,000 and up to £80,000
F Over £80,000 and up to £106,000
G Over £106,000 and up to £212,000
H Over £212,000

 

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By Shahla Walayat

http://www.moneyforums.co.uk

The UK Money Saving & Investing Forums is a free online publication providing, FREE Online Tools including Credit Score Calculator and the Savings Calculator . Money Saving Guides such as Credit Card Stoozing , Savings Tree , Money Saving Guide . Personal Finance Discussion Forums open to ALL, supported by experienced moderators, to discuss any personal finance topics from 0% Credit card deals , to the state of the Housing market . The best Savings & Deposit Accounts etc. This article maybe reproduced if reprinted in its entirety with links to http://www.moneyforums.co.uk


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


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