TV’s cash and finance skilled Martin Lewis has shared how some folks throughout the UK might be capable to declare again 1000’s of kilos on their Council Tax.
We have rounded up what it is advisable to know.
What did Martin say?
Talking to viewers on his self-titled Martin Lewis Cash Present on ITV, he mentioned: “You may be owed 1000’s of kilos in a number of various methods”.
The Cash Saving Skilled revealed what steps folks can take to cut back how a lot they’re paying – and declare again what they’re owed.
Test your council tax band
It’s estimated that about 400,000 properties nationwide are within the incorrect council tax band – and those that have paid an excessive amount of might be owed overpayments from the final 27 years.
On his present, Martin highlighted that one viewer claimed again £3,300 consequently.
He mentioned: “I got here up for with this method again in 2007 – it is acquired two checks to it.”
First up, test what your neighbours are paying by going to the Valuation Workplace Company (VOA) in England or the Scottish Assessors Affiliation (SAA) in Scotland.
If you’re paying greater than your neighbours – then work out what your own home was price in 1991.
Nationwide Constructing Society have a free on-line software as a way to test this.
As soon as the worth has been checked, households will be capable to discover out what band they need to have been put in.
Martin added: “It solely applies if each test’s present you’re in too excessive a band.
If households get it incorrect – and it’s revealed that the neighbours are within the incorrect band – then they may see their payments rise, whereas yours stay the identical.
Reductions for decrease occupancy
Martin additionally revealed that single adults residing alone ought to get a 25% low cost on council tax.
However the Cash Saving Skilled added that folks needn’t stay alone as a way to declare it.
In accordance with Martin, it is all about qualifying adults, so college students, carers, youngsters and others can all be disregarded for council tax.
In some instances each individual residing in a home might be excluded – which implies that no tax is due in any respect. It was additionally revealed that claims on this may also be backdated too.
Reductions for profit claimants
For folks on sure advantages, there are additionally reductions of as much as 100 per cent.
Nevertheless – it is essential so as to add that these aren’t robotically utilized once you declare the profit – folks might want to test along with your native council (particulars of your council might be discovered at www.gov.uk/apply-council-tax-reduction).
The low cost is on high of any advantages or common credit score that homeowners obtain, however once more the discount quantity can rely on the council and circumstances.
An instance of this contains – the place you reside, your earnings, if youngsters stay with you, if different adults stay with you.
Some councils may let households backdate the discount, however this will depend on the person council.
Additionally, for those who – or somebody you reside with – have a incapacity, a well being situation or are classed as a carer, then they might be overpaying on council tax with out even understanding it.
A 25 per cent low cost might be claimed for those who stay with somebody with a extreme psychological impairment and no different adults, or solely adults who’re additionally disregarded for council tax functions or a 100 per cent low cost – when you have a extreme psychological impairment and stay alone.
Once more, the claims for this are back-dated, which imply you might get enormous quantities again.
Assist because of the Coronavirus pandemic
Some councils are serving to individuals who have misplaced earnings because of the impacts of Covid-19.
The Native Authorities Affiliation have suggested folks to test the web site of their native council to see who qualifies for a tax break.
The measure has been made out there from the Treasury – which is aimed toward serving to working age people who find themselves on a Native Council Tax Help. In consequence, those that already pay lower than £150 a yr won’t pay council tax in any respect.
Tailored your private home? You may get money again
Those that have made modifications to their house for a disabled resident might additionally get money again.
Nevertheless – as an alternative of a reduction, residents could as an alternative be capable to get your council tax band lowered.
Sitting in your money
In accordance with Martin, many individuals pay council tax a month or a yr forward – and consequently, for those who transfer home, they hold it till you ask for it again.
You probably have moved home up to now few years, seek for council tax refunds in your previous council’s web site.