Chancellor Proposes Doubling Council Tax for Million Families in Budget Plan

Chancellor of the Exchequer Rachel Reeves plans to double Council Tax for a million families, a move aimed at generating more revenue that could hit affluent areas hardest.

• The proposed changes to Council Tax could see band G households in England face increases from £3,800 to £7,600 annually, significantly impacting finances.
• Residents in band H could see their Council Tax bills skyrocket from £4,560 to £9,120, particularly affecting families in London and the South East.
• The budget plan, initiated by Rachel Reeves, is part of a broader strategy by HM Treasury to extract more funds from wealthier citizens amid ongoing economic challenges.