VALE CONSIDERS A 2.5% INCREASE IN COUNCIL TAX

The cost of keeping a roof over your head in Penarth is set to rise. Householders in Penarth may not know by how much Council Tax will increase in 2019/20 until March next year . It could be 2.5% ….or more.

The Conservative-run  Vale of Glamorgan Council – struggling with consistent underfunding from the Welsh Labour Government – is having to resort to guesswork to figure out how it can balance its books next year and the year after that.

The Welsh Labour Government still hasn’t given local councils any idea of how much central government funding they can expect to receive next year.

The Vale of Glamorgan Council offices in Barry

The Vale Council has therefore had to make an educated guess and is assuming that it will need to increase Council Tax by 2.5% a year over the next 3 years  (in line with inflation as measured by the current Consumer Price Index).

Such an increase would provide the council with an extra £1,700,000 a year – but it still means the council will need to reduce its spending by £12,510,000 over the next three years to stay in the black.

All councils in Wales still use the misleading “Band D” rate s the yardstick for Council Tax. In the Vale of Glamorgan the Band D Council Tax rate is actually lower than many other local councils in Wales . It’s set at £1,1862.6% below the Welsh average of
£1,219.

Increasing Council Tax for Band D to the Welsh average would provide the Vale Council with another  £1,900,000 per annum.

The Vale Council is working on the basis of a possible 2.5% increase in Council Tax for next year but says “in order to reduce the funding shortfall a higher percentage increase in council tax could be considered”.

The new rate of Council Tax has to be set by March 11th 2019 but will probably be formally announced in February .

About NewsNet

Penarth Daily News email address dmj@newsnet.uk . Penarth Daily News is an independent free on-line fair and balanced news service published by NewsNet Ltd covering the town of Penarth in the Vale of Glamorgan, Wales, UK. All our news items are based on the information we receive or discover at the time of publication and are published on the basis that they are accurate to the best of our knowledge and belief at that time. Comments posted on the site by commentators reflect their opinions and are not necessarily shared, endorsed or supported by Penarth Daily News.
This entry was posted in Penarth Daily News. Bookmark the permalink.

6 Responses to VALE CONSIDERS A 2.5% INCREASE IN COUNCIL TAX

  1. Frank Evans says:

    You wait if Vaughan Gething gets elected he will slap 10% precept for “free” old age care onto everyones council tax.
    Labour don’t understand the meaning of the word free.

  2. Peter King says:

    What on earth are you talking about? That makes no sense even by your standards.

  3. Jack Cohen says:

    My Council Tax/Police/Town Council combined is over £2,500 a year
    Now they want to add more elements to it.
    I am retired and on moderate income, not my fault my house has increased in value to an extent I would never be able to buy now.
    Easy for Vaughan to propose more taxes when he is on a huge salary paid for by the Welsh tax payers.

  4. Gareth says:

    Hes known as Geiger Gething in these parts.

  5. Christopher David says:

    Well you may jest but a new Wales tax for just this IS the plan. Mind fine detail aint out yet and it’s a good guy who planned it. But…this is Labour Wales. When will the electorate donkeys get it! ?

  6. Peter Church says:

    This the Geiger Gething quote:
    “The scheme would be run by councils and would “preferably” be funded by a social care levy, his campaign said.”
    Social Care Levy = Higher Council Tax
    Labour do like to put up taxes, 98% income tax anyone!!!

Comments are closed.