A 4.7% increase in council tax is being proposed for Merthyr Tydfil residents next year as part of the council’s budget proposals. A report to go before cabinet and then full council for approval on Wednesday, March 8, says that for a Band D property that would be £1,828.34 for 2023/2024 which is an increase of £82.07 or £1.58 per week.
The report said that as 84% of the properties within the county borough are valued at Bands A to C, a significant proportion of council tax payers will pay less than £1,828.34. If approved, the 4.7% council tax increase would generate extra income of £959,000 for the council.
It also mentions the council tax reduction scheme for 2023/24 which council has approved and provides support with council tax payments for those residents eligible to apply. The increases range from an extra £1.05 per week at the lowest Band A to £3.68 per week at the highest Band I.