Connect with us


Home page | 2024/25 Council for tax consultation

Home page |  2024/25 Council for tax consultation



Publication date: February 6, 2024

North Norfolk County Council is consulting its residents on the 2024/25 budget, seeking views on whether the authority should increase its share of the 2024/25 Council Tax bill.

Each year, the Council sets its budget and the Council Tax collected is a source of income that funds the functions and services it provides to residents in North Norfolk.

The council collects Council Tax but only keeps 8p. from every 1 of Council Tax, with 92 e.g.

The money received from central government for local authorities is given on the assumption that Councils will increase Council Tax by the maximum amount available to them, with many authorities across the UK already proposing to increase their rates.

The council is facing budget pressures, forcing it to address an additional 700,000 and rising temporary accommodation costs as housing needs and cost of living pressures continue to rise.

The delayed introduction of legislation, which would have allowed the Council to introduce a 100% Council Tax premium for second homes, means that the 550,000 expected income during 2024/2025 cannot now be included in the budget and must be found elsewhere.

The council has a statutory responsibility to balance the budget for each financial year.

A cost saving exercise has been undertaken, identifying around 1 million savings that can be made, with a further 250,000 savings to be identified throughout the financial year. Having undergone this financial exercise, the Council is now consulting on whether to increase the Council Tax rule to bridge the budget gap.

If the Council decided to freeze Council Tax, the additional savings of £205,000 would have to be found elsewhere, representing a significant reduction in real terms as inflationary pressures on existing contracts and services, including waste and recycling and leisure contracts from the Council, are important. Any freeze on the County Council element of the Council Tax Bill is therefore likely to involve difficult decisions about potential service reductions.

For the average D-band property, this increase would represent an increase of 4.95 per year, (10p per week).

The figure of 4.95 per annum is based on a Band D property and will scale between bands for properties in Bands AD, which represents over 75 per cent of properties in North Norfolk, the increase in Council Tax will be 10p or less in week. This is still one of the lowest Council Tax rates in the country.

Please complete our short consultation survey.

Take our survey




The mention sources can contact us to remove/changing this article

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos


to request, modification Contact us at Here or [email protected]