Have You Received Your Council Tax Bill

emmie | 13:54 Fri 24th Mar 2017 | Business & Finance

77 Answers

yet. I have and its nearly £100 a month, just what do they do with all the money,

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Jackdaw33

What we must remember is that many, including me, pay on a ten-monthly basis then have two months 'free'. So although mine is £70 over twelve months I pay £84 over ten months.

Peter Pedant

well band A in north manch is £ 1000
which I think is £85 / mo

but ..... you have to live in n manch and not somewhere nice

Peter Pedant

hey Jack you done secondary skool

mine says police increased 2.3% Fire 1.8% etc
overall up 4.7%

that's impossible isnt it - the overall rise HAS to be in between the greatest and least percent....

Jackdaw33

I'm not sure what you're getting at; I was commenting on the fact that according to the poster she has less than £25 p.w. to live on.

murraymints

Gen you should be getting ESA as well as PIP! speak to a benefit adviser or CAB

Peter Pedant

fine OK I'll ask someone else

ummmm

She said she has too much in savings.

emmie

Question Author

Genuine
definitely speak with Age UK, Benefits people DWP, sounds like you are missing out. You can't be spending half your money on council tax, that is just mad.

emmie

Question Author

ummm
that was for Genuine not me

i have too much in savings accordingly to get H/B and CT, but i do get the single persons 25% discount still.

Mamyalynne

Did she Ummmm, I obviously missed that - apologies.

tamborine

220pm. How come you dont pay CT Islay?

ummmm

Tambo - Ireland have different rules.

New Judge

“mine says police increased 2.3% Fire 1.8% etc
overall up 4.7%

that's impossible isnt it - the overall rise HAS to be in between the greatest and least percent....”

There are obviously other components which you have not mentioned, Peter, and they must be dragging the overall increase upwards. Police and Fire are relatively small components of Local Authority spend. The biggest by far is Social Care and a special “Precept” (I think of 1.99%) has been added this year.

“Council tax does not go towards pensions.”

I wasn’t talking specifically about Council Tax, Prudie (which as I mentioned only accounts for about 20% of Local Authority income). Rather, I was considering how much of total LA expenditure goes on pensions. Reading a bit about the LA pension scheme, I find that employers contribute more than three times as much as employees to the scheme (in 2015-16 the figures were £6.6bn and £2.0bn respectively). There are 1.8m employees currently contributing to the scheme which means that, on average, LAs are paying over £3,600 into it per employee. Most final salary schemes (well, those that are left) run on the basis of the employer contributing about 1.25 to 1.5 times that of the employee.

The scheme has assets of over £200bn but in 2015-16 it managed to earn just £3.3bn (around 1.6%). Any decent fund manager could easily have earned two to three times as much in that time. As a comparison, the BT Pension Scheme (with £46bn in assets) averaged 7.5% investment income in the five years to 2016 and it earned 11.9% in the same year that the LA scheme managed its paltry 1.6%.

There is no doubt that the LA pension scheme is not being run very well (certainly as far as its investments go). It fails to earn a decent investment return and the employer (i.e the taxpayer) picks up the bill for that lack of diligence by making three times the contributions that employees do.