In neighboring south London boroughs, we are talking about two tax rates. One is the highest council tax in the capital and the other is the lowest.
Under the plans announced on Monday, the government will freeze rates, which will take back the authority’s title of charging minimum rates to homeowners.
Properties across London will pay an average of £40 more in council tax for Band D properties from next year, taking the total bill to more than £950 a year on average.
Of the £40 price increase for Band D properties, £37.61 will go to the council.
There are winners and losers here.
Which borough in London has the lowest council tax?
Wandsworth Borough Council has announced plans to freeze the majority of council tax, a move that will allow it to charge a lower amount than previous title holder Westminster City.
Wandsworth will only see an increase in the amount spent on social care, allowing it to honor the council’s privilege of being the cheapest borough.
Wandsworth was won by Labor in the 2022 local elections after decades as a flagship ward for the Conservative Party.
The authority said demand for council tax was likely to be the lowest in the country.
Wandsworth will collect an annual council tax of £961, while Westminster, the second lowest, will collect £973.
Which borough in London has the highest council tax?
As Ross Rydal reports, a further five or six boroughs across the capital are likely to see average bills break through the £2,000 barrier.
These are Brent, Enfield, Haringey, Lewisham, Redbridge and could become Camden if the proportion of banknotes increases by up to the permitted 4.99 per cent.
Eight boroughs are already charging more than £2,000 in Band D: Bexley, Croydon, Harrow, Havering, Kingston, Richmond, Sutton and Waltham Forest.
The most expensive of these is the Kingston, which is set to rise by £127 to £2,374 from April.