With rising energy prices, the UK government is set to spend £9.1billion as Energy Bills Rebate to support lower-income households. Low-pay families are set to get a £150 rebate on council tax, decreasing the average cost for essential items. Individuals on lower compensations are being hit especially hard by the toughest inflation, which has made the Bank of England raise loan fees for the second consecutive month. What’s more, the circumstance will possibly deteriorate when the energy cost cap expansions in April.
Clive Betts, Chair of the LUHC Committee, said: “While the Government’s recent announcements are welcome, there are important questions about the implementation of the council tax rebate that need answering. ”Much more detail is needed on how some households – for example, those who receive council tax support – will be paid. And what will happen in households where tenants pay their council tax to their landlord? The payments must go to tenants, and we avoid the possibility of landlords receiving multiple rebates. These issues will need ironing out quickly so that rebates can be paid promptly to help people with rising bills.”
“We also need firm assurances that councils will not incur any further costs from administering the rebates – which has the potential to be very costly.”
The markdown will then, at that point, be consequently recuperated from individuals’ bills in equivalent £40 portions over the following five years. This will start from 2023 when worldwide discount gas costs are relied upon to descend. It additionally comes as welcome news that the Government will proceed with existing recommendations to expand qualification for the Warm Home Discount.
“Rebate will extend the number of individuals qualified for the installment by 33%, around 780,000 families. ”
The low pensioners are in danger of being prohibited from the monetary help for the energy emergency, which has been scrutinized as neglecting to help the weakest individuals. Concerns have been raised with regards to how low-pay people who, as of now get, implies tried assistance with their committee assessment will profit from the Government’s £150 refund.
The refunds are among measures declared by the Government to assist families with energy costs. The oddball installment of £150 will be paid by neighborhood specialists to individuals living in properties in chamber charge groups A to D. The rebate to bills will be made straight by the Council. This will not need to be reimbursed. 80% of families in England are in Council Tax Bands A-D, so will profit from this discount. The rebate won’t be paid for second homes or void properties. Your council tax band depends on the worth of your home, and you’re charged more depending upon how much your property is worth, with A being the most minimal band and H the most elevated.
Stay connected with Legend Financial to get more details on the council tax rebate.
References
Apply for Council Tax Reduction. (n.d.). Retrieved from gov. uk: https://www.gov.uk/apply-council-tax-reduction
Council tax rebate – Clive Betts, LUHC Chair writes to Michael Gove. (n.d.). Retrieved from UK Parliament: https://committees.parliament.uk/committee/17/levelling-up-housing-and-communities-committee/news/160890/council-tax-rebate-clive-betts-luhc-chair-writes-to-michael-gove/
Council tax rebate: Who is eligible and how do I get it? (n.d.). Retrieved from Evening Standard: https://www.standard.co.uk/news/uk/council-tax-rebate-april-energy-bills-often-2022-b980786.html
What is my council tax band? How to find out if you can get a £150 rebate to help tackle the energy price cap rise. (n.d.). Retrieved from inews.co.uk: https://inews.co.uk/inews-lifestyle/money/bills/council-tax-band-what-my-can-get-rebate-payment-rising-energy-prices-1439703
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