Residents successful immoderate of England's richest areas volition beryllium paying astir £700 little for assembly taxation than poorer areas.

19:19, Fri, Nov 15, 2024 | UPDATED: 19:23, Fri, Nov 15, 2024

Property In Notting Hill London

The Royal Borough of Kensington and Chelsea has 1 of the UK's lowest assembly taxation rates (Image: Getty)

The Royal Borough of Kensington and Chelsea successful London is celebrated for homing millionaires with location prices surpassing £1m, yet their assembly taxation is cheaper than astir 300 areas successful the UK.

New investigation from the one reveals that 291 areas successful England are expected to wage much assembly taxation than Kensington, London’s wealthiest borough. This comes with the taxation increases by 5% hitting households successful 2025. 

Authorities had the greenish airy to summation the levy this week aft a spokesperson for the Prime Minister confirmed connected Wednesday that the assembly taxation headdress of 5% volition stay successful spot for the coming year. 

Council taxation rates tin beryllium accrued by up to 5% currently, but request support from the authorities to propulsion them further than this. 

Official information shows that the affluent London borough holds the rubric of the highest location prices successful the state with immoderate of the UK’s wealthiest residents. The mean location terms is £1.17m, yet it has 1 of the lowest assembly taxation rates. 

UK Daily Life 2024

The assembly taxation headdress of 5% volition stay successful spot for the coming year. (Image: Getty)

It has the 5th cheapest assembly taxation rate, this follows the London boroughs of Wandsworth, Westminster, the City of London and Hammersmith and Fulham. 

Kensington and Chelsea presently wage a complaint of £1,530 for set D properties - the 5% emergence volition mean this volition summation to £1,607. However, Rutland successful the East Midlands has the highest assembly taxation complaint successful the state with residents presently paying £2,532. 

The caller summation volition spot properties wage £127 much adjacent year, taking the fig to £2,543 contempt the mean location terms being £380,000 - 3 times little than Kensington. 

The apical 10 areas with the highest assembly taxation are:

  1. Rutland
  2. Nottingham
  3. Dorset
  4. Lewes
  5. Wealden
  6. Newark and Sherwood
  7. Bristol
  8. West Devon
  9. Gateshead
  10. Oxford

Aerial presumption of Kegworth and East Midlands Airport

Rutland successful the East Midlands has the highest assembly taxation complaint successful the country. (Image: Getty)

Invalid email

We usage your sign-up to supply contented successful ways you've consented to and to amended our knowing of you. This whitethorn see adverts from america and 3rd parties based connected our understanding. You tin unsubscribe astatine immoderate time. Read our Privacy Policy

Lewes, Dorset and Nottingham are among the higher paying areas wherever their caller assembly taxation measure volition acceptable them backmost implicit £2,000 per twelvemonth with the 5% summation successful 2025. Homes successful these parts of the UK outgo betwixt £200,000 and £380,000 connected average.

Earlier this year, the authorities announced that the mean set D assembly taxation measure for 2024/2025 was £2,171 a rise of £106 (5.1%) connected the erstwhile year. 

Concerns person been raised by the section authorities astir the interaction of ostentation amid a wider backing situation arsenic galore councils person warned the authorities of the imaginable request for exigency bailouts to debar bankruptcy implicit the adjacent fewer years.