Pound coins stacked up

Making the most of your council tax holiday

Feb 18, 2019 - 3min read



At Tonik, we're always interested in finding ways that our members can save money on their energy bills. But did you know that you could be saving hundreds of pounds on another household bill over the next couple of months without even knowing it?

For the millions of UK households that are required to pay council tax, it may seem strange - and a tad annoying - when it comes to setting up your monthly direct debit; with the default option being to split the bill across 10 months of the year as opposed to an equal monthly charge. Why do councils do this? It all links back to cash flow throughout the financial year, apparently.

The option to pay across ten months, which until April 2013, was the only way to do so, is still the most commonly used method of payment today, meaning millions of people can enjoy the benefits of a much deserved two month break from payments! If you’re unsure which payment plan you signed up for, check your council tax bill.

For those that do pay across ten installments, many often forget that February and March are the two “free” months where no payments are taken - meaning residents could have a few extra hundreds of pounds in the bank depending on the council tax band of their property and the charges imposed by their local council. For shared houses that contribute to a joint account for bills, you might find yourselves a nice cash surplus when April comes around.

The savings range depending on the council on council tax band of your property, but for those living in a Band A property, a household can expect to save somewhere in the region of £214.82 over the next couple of months. This increases by band, moving up to more than £650 for those that live in a Band H property - a substantial saving!

We've broken down the average council tax savings for UK residents over the next two months, based on the council tax bands of the country’s 20 most populated councils of the UK.

For those paying their council tax bills across ten monthly installments, the average UK savings made across February and March are as follows:

  • Band A - £214.82
  • Band B - £250.61
  • Band C - £286.42
  • Band D - £322.22
  • Band E - £396.13
  • Band F - £469.98
  • Band G - £544.40
  • Band H - £655.90

Our MD, Chris says, "Many residents, particularly those that might have lived in a property for a substantial period of time, or who aren’t responsible for setting up their council tax payments are often unaware or just forget that they are due a break from council tax payments in February and March."

“This can be very welcome for those who are perhaps looking to save for a summer holiday or another special purchase. With Spring on the way, it could be an ideal time to utilise some additional resource to fund those home improvements that you have been putting off. Or, if like many people you would like a post-winter getaway, this surplus could provide the funds for a very welcome holiday!”

The data is also broken down into the monthly savings for a selection of 20 local councils as outlined in the table below:

 

Band A

Band B

Band C

Band D

Band E

Band F

Band G

Band H

City of London

£62.23

£72.60

£82.97

£93.34

£114.08

£134.83

£155.57

£186.68

Birmingham

£100.17

£116.87

£133.57

£150.26

£183.65

£217.04

£250.44

£300.52

Liverpool

£123.78

£144.40

£165.04

£185.67

£226.93

£268.19

£309.45

£371.34

Nottingham

£130.76

£152.55

£174.34

£196.14

£239.72

£283.31

£326.89

£392.27

Sheffield

£117.07

£136.51

£156.10

£175.51

£214.51

£253.51

£292.52

£352.02

Bristol

£126.07

£147.08

£168.10

£189.11

£231.14

£273.16

£315.18

£378.22

Glasgow

£85.70

£100.00

£114.30

£128.60

£168.90

£208.90

£251.80

£315.00

Leicester

£118.06

£137.74

£157.42

£177.09

£216.45

£255.80

£295.15

£354.18

Edinburgh

£82.68

£96.46

£110.24

£124.02

£162.95

£201.53

£242.87

£303.85

Leeds

£104.37

£121.77

£139.16

£156.56

£191.34

£226.14

£260.93

£313.11

Cardiff

£95.46

£111.37

£127.28

£143.18

£175.00

£206.82

£238.64

£286.37

Manchester

£104.45

£121.86

£139.27

£156.68

£191.50

£226.31

£261.13

£313.36

Stoke-on-Trent

£102.25

£119.30

£136.34

£153.38

£187.47

£221.55

£255.66

£306.76

Coventry

£117.44

£137.02

£156.59

£176.16

£215.31

£254.46

£293.60

£352.32

Sunderland

£103.31

£120.53

£137.75

£154.97

£189.41

£223.85

£258.28

£309.94

Bradford

£103.93

£121.25

£138.57

£155.89

£190.53

£225.17

£259.81

£311.78

Newcastle

£118.08

£137.76

£157.44

£177.12

£216.48

£255.84

£295.20

£354.24

Reading

£121.78

£142.07

£162.33

£182.66

£223.26

£263.85

£304.44

£365.33

Kingston upon Hull

£107.55

£125.48

£143.40

£161.33

£197.18

£233.03

£268.88

£322.66

Preston

£123.01

£143.52

£164.02

£184.52

£225.52

£266.53

£307.53

£369.04

 

 

 

 

 

 

 

 

 

Average monthly payment

£107.41

£125.31

£143.21

£161.11

£198.07

£234.99

£272.20

£327.95

Average surplus over February and March

£214.82

£250.61

£286.42

£322.22

£396.13

£469.98

£544.40

£655.90

More related blogs

Trustpilot