The main UK tax levied by local authorities. Council tax is payable by the occupants of dwellings at rates depending on their valuation, as assessed in seven bands by the District Valuer. A reduced rate of council tax is payable by sole occupants of houses, and some low-income households are exempt. The rate at which council tax is levied is decided by individual local authorities, subject to upper limits fixed by the central government.
Subjects: Economics — Law.