Business Express is an online portal that covers the latest developments in the world of business and finance. From startups and entrepreneurship to mergers and acquisitions, Business Express provides reporting on the stories that matter most to business leaders and decision-makers.The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
storyblocks old people tax return and home banking senior woman paying federal taxes d SBI 327363193 - Business Express

Ranked: The London Boroughs That Will See The Biggest Increase In Council Tax


Google Trends data shows that in the first few months of 2022, searches relating to council tax are the highest they’ve been in five years. However, this increase is no surprise, with virtually every single local council increasing annual council tax in the past year, with the average band D property rising by around £67.

London-based Estate Agents Douglas & Gordon have looked at what areas of the country are the most and least expensive for council tax and have also looked at what London boroughs are set to see a rise in council tax. 

Despite the capital being home to one of the most expensive properties in the UK, London boroughs such as Westminster and Hammersmith & Fulham have some of the lowest council tax rates in the country, with the average monthly cost amounting to £136. This is primarily due to local councils gaining revenue from other sources.

Areas with the lowest council tax

County Avg. monthly cost Annual cost*
Greater London £136 £1,633
West Midlands £144 £1,730
Berkshire £154 £1,847
Hampshire £156 £1,867
Essex £156 £1,870

*Average Council Tax per annum for a Band D property

The London Boroughs Expected To See A Rise In Council Tax

According to government figures, council tax will rise in the UK by an average of 3.5% in 2022-2023.

While this is a slight downturn on the average increase of 4% per year since 2015, it is still a significant rise considering the overall cost of living, and 22 of London’s 32 boroughs will see a price hike larger than the national average.

London Borough Current

council tax

Planned Council

Don't miss out on any breaking news or insightful opinions!
Subscribe to our free newsletter and stay updated on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email.

Tax Increase

Avg. increase

2022-2023

Merton £1,709 2.23% £38
Enfield £1,795 2.58% £46
Barnet £1,701 2.66% £45
Hammersmith and Fulham £1,196 2.67% £32
Bromley £1,692 2.67% £45
Tower Hamlets £1,477 2.92% £43
Kingston upon Thames £2,057 3.19% £66
Wandsworth  £845 3.21% £27
Richmond upon Thames £1,959 3.21% £63
Hillingdon £1,603 3.46% £55
Kensington and Chelsea £1,331 3.85% £51
Harrow £1,962 4.06% £80
Havering £1,893 4.10% £78
Croydon £1,888 4.11% £78
Sutton £1,857 4.12% £77
Waltham Forest £1,863 4.12% £77
Bexley £1,847 4.13% £76
Haringey £1,805 4.16% £75
Redbridge £1,789 4.17% £75
Brent £1,742 4.20% £73
Lewisham £1,744 4.20% £73
Camden £1,720 4.21% £72
Barking and Dagenham £1,713 4.22% £72
Hounslow £1,702 4.23% £72
Ealing £1,665 4.25% £70
Islington £1,640 4.27% £70
Greenwich £1,640 4.27% £70
Hackney £1,602 4.30% £69
Lambeth £1,592 4.31% £69
Southwark £1,528 4.37% £67
City of Westminster £829 4.40% £36
Newham £1,467 4.43% £65

Last year London council tax increased more than anywhere else, but the story spread over the previous few years is quite different. Since 2015, council tax for the City of London has only increased by 11.2%, while Wiltshire and Greater Manchester have seen a 36.9% and 32.4% increase.

Meaning the average Londoner has paid an average of £1,461 per year since 2015, while those in Greater Manchester paid £1,727. This results in the average Londoner saving £2,128 in council tax since 2015 compared to the average Mancunian.

 

Three ways to reduce your council tax

  1. Spread the cost: annual council tax payments are typically spread across ten months, but you can request that they spread across 12 months, lowering the monthly repayments.
  2. Apply for a reduction: depending on your circumstances, you may be eligible for a discount on your council tax bill – 
  3. Check your council tax band: if you think your property has been put into the wrong band, you can challenge it with your local council. 

 

Click here to view the full blog post

 

 

Recent Post: