Council Tax is a collection of taxes levied by County, District, Town & Parish, and Police & Crime Commissioner. The part of Council Tax set by each Town & Parish is known as precept. Every year around November, Councils have to think about the level of precept (tax) for their own individual Town or Parish for the coming year. By the end of January of the following year they inform East Suffolk District Council of their precept decisions. East Suffolk then collects it along with the other taxes that make up Council Tax.
What is this thing called the Tax Base?
East Suffolk Council counts up all of the properties in each Town/Parish. Then it takes into account any discounts that are given, for example, 25% for single occupancy. The properties are then translated into band D equivalents using the ratios below:
Band A 6/9 Band E 11/9
Band B 7/9 Band F 13/9
Band C 8/9 Band G 15/9
Band D 9/9 (1) Band H 18/9
Wrentham 17,657.00 375.17 47.06 218.33
Southwold 117,962.68 1076.4 109.59 280.86
The "Basic amount" eg £218.33 for Wrentham is the £47.06 precept for a Band D equivalent + £171.27 Band D District Council charge.