Personal Finance

How Is My Council Tax Being Spent?

After the native elections and the tax rebate that’s hitting financial institution accounts throughout the nation, lots of people are questioning what the council really does with all that cash you pay them.

For a lot of households, council tax is the costliest month-to-month invoice, second solely to hire or mortgage funds. So it stands to cause that you just’d need to know the way that money is being spent.

Each council makes use of its cash otherwise, so we gained’t be capable of provide the precise figures. If you would like a extra detailed breakdown on your particular space, head to your native council’s web site. Variations is likely to be based mostly on the particular wants of individuals in your space, in addition to the properties of native councillors. Nonetheless, most councils will comply with the identical broad spending patterns. So let’s check out the largest and most vital prices…

Social care

In 2020, it was estimated that 57p out of each £1 was spent on social care – so virtually 60% of council tax spending.  This doesn’t embody well being providers, however could imply issues like grownup day care providers and residential care visits for aged folks and people dwelling with disabilities. For a lot of areas, the mixed prices of youngsters and adults’ social care shall be by far the largest annual expense.

Training

The opposite massive space of spending, it’s no shock that councils are investing as a lot cash as potential into their faculties and schools. Based mostly on current figures, 30-40% of a council’s cash (together with further sources of revenue in addition to council tax) goes in direction of schooling. And whereas this may increasingly appear unfair to those that don’t have children at school or plans to take up grownup studying, it’s value remembering that good faculties may also help a neighborhood in plenty of other ways. Enhancing studying for younger folks in your space can have a knock on impact on every little thing from well being to crime ranges.

Public providers

A variety of the providers that we depend on to maintain life ticking alongside easily are additionally made potential because of council tax. That features important providers corresponding to police and the hearth brigade, in addition to garbage assortment and freeway upkeep. Other than paying folks to ship these providers, councils can even use their cash to search out initiatives that have a look at methods to enhance them – from bettering recycling to higher integrating policing into the neighborhood.

Public providers additionally embody efforts to counterpoint an space with arts and tradition – significantly libraries, which might be an vital hub for accessing providers in addition to a spot to borrow books and media.

Your council tax

The quantity you pay will range so much relying on the place you reside and the kind of property you reside in. It’s actually vital to prioritise council tax over different kinds of invoice, as in contrast to different kinds of debt, unpaid tax can result in prison expenses. Should you dwell alone, are a pupil, or have a low revenue you then might be able to get a discount; contact your council to see if that is potential or to allow them to know if you happen to’re struggling to make a fee.