Council tax could easily rise by 5% a year - IFS

By Ann McGauran | 06 October 2021

English councils will need billions more from government and big tax rises to maintain services and pay for social care reforms, says new analysis published today by the Institute for Fiscal Studies (IFS).

According to the IFS, under current spending plans council tax rises of 3.6% will be required for the next three years just to ensure councils provide the same range and quality of services in 2024-25 as they did before COVID-19. But it highlighted that bigger increases in underlying demand and cost pressures for top-ups to other budgets such as schools, which eat into the amount available for grants to councils, 'could easily push up the necessary council tax rises to 5% a year, or by over £220 by 2024-25'.

Want full article access?


Receive The MJ magazine each week and gain access to all the content on this website with a subscription.

Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.

`

Already a subscriber? Login

Finance NHS Spending Review LGA Fair Funding Review Coronavirus
Top

Coronavirus Update

x

In light of the ongoing coronavirus crisis, some of you may not be able to receive your copy of TheMJ magazine. If you’d like to change your delivery address, please contact our subscriptions department at customer@hgluk.com
Read The MJ for free

OR
Keep up to date by subscribing to our daily newsletter

theMJ products