Brits could get major 32-year council tax refund | European Markets

Brits could get major 32-year council tax refund Brits could get major 32-year council tax refund

Brits could get major 32-year council tax refund | U.Okay.Finance News



Millions of Britons could be owed sizeable council tax refunds stretching back more than three many years, in line with client champion Martin Lewis. The Money Saving ExpertMoney Saving Expert founder is urging households throughout England and Scotland to examine their data, as up to 400,000 properties might have been positioned within the mistaken council tax band because of outdated and infrequently inaccurate valuations from the early Nineteen Nineties.In a new video selling his BBC 5 Live podcast, Mr Lewis mentioned many houses are nonetheless paying an excessive amount of in the present day as a result of their bands had been set by rushed assessments in 1991, initially meant as a short-term answer, leaving hundreds doubtlessly eligible for backdated payouts. He mentioned: “It really is quite unbelievable that if you live in England and Scotland, the council tax band you are in today is still dictated by a stopgap drive-by valuation done back in 1991 that was only meant to last a couple of years.“If you’re in the wrong band and you challenge it, not only can you get it lowered, you can get a backdated payout back to when you moved in, or 1993, whichever was sooner.”However, the money guru urged, “Don’t just do this speculatively. Because then, you could get it wrong, and they put your band up, or even your neighbour’s band up. You need to follow my full step-by-step check and challenge process.”Council tax funds rely upon the property’s band, which is set by the worth of the home as of April 1, 1991, and these bands vary from A to H.How to examine and dispute your council tax bandTo dispute a band, Mr Lewis’s ‘Check and Challenge’ technique includes two steps. This contains evaluating the band of your property to your neighbours, and checking the valuation of your property in 1991.To examine a neighbour’s band, go to Valuation Office Agency for those who’re in England, or  Scottish Assessors Association web site for those who’re in Scotland.When evaluating your band together with your neighbours’, make sure the properties are as comparable in dimension and worth as they’d have been in 1991. If neighbours with comparable properties are in a decrease band than you, you might be able to make a declare.To discover out the valuation of your property in 1991, go to a property website like Rightmove or Zoopla and enter your avenue title. Here, you must have the ability to see the gross sales historical past of the property.In England, the council tax bands based mostly on the worth of a property on April 1, 1991, embrace:

  • Band A – property worth up to £40,000
  • Band B – property worth over £40,000 and up to £52,000
  • Band C – property worth over £52,000 and up to £68,000
  • Band D – property worth over £68,000 and up to £88,000
  • Band E – property worth over £88,000 and up to £120,000
  • Band F – property worth over £120,000 and up to £160,000
  • Band G – property worth over £160,000 and up to £320,000
  • Band H – property worth over £320,000.
  • In Scotland, the council tax bands are:

  • Band A – property worth up to £27,000
  • Band B – property worth over £27,000 and up to £35,000
  • Band C – property worth over £35,000 and up to £45,000
  • Band D – property worth over £45,000 and up to £58,000
  • Band E – property worth over £58,000 and up to £80,000
  • Band F – property worth over £80,000 and up to £106,000
  • Band G – property worth over £106,000 and up to £212,000
  • Band H – property worth Over £212,000.
  • However, Mr Lewis recommended solely making a declare in case your property passes each the neighbour and the valuation checks.If you’d wish to make a declare, examine in case your native council has an online declare type by way of a Google search, or just call or e-mail your native council.

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