The chart on this page has been compiled from Government figures and the industry standard Halifax House Prices Index. It shows the year on year increases in four key indices:
The 2008 Budget Report estimates that for 2008 the amount of revenue raised by Council Tax
will increase to £24.9bn, an increase of 5.1 per cent over the 2007 amount of £23.7bn. In 1993,
the amount of revenue raised through Council Tax was just £8.9bn. Since its introduction,
Council Tax has now increased by a whopping 180 per cent! At present rates, Council
Tax will have trebled by 2010!
2010 is a significant year because that is when the Landfill Tax will start to bite and the LGA is already warning that this alone will add a further £70 on average to your Council Tax bill. To find out more about Landfill Tax, read our report.
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