Who Pays the Council Tax on Rental Property: Explained

in counciltax •  last year 

When it comes to renting a property, there are various financial aspects that both landlords and tenants need to understand. One crucial consideration is council tax, a local tax levied by local authorities in the UK.

In this article, we will delve into the question of who pays the council tax on rental property and clarify the roles and responsibilities of both landlords and tenants. Let’s explore this topic in detail.
Understanding Council Tax:
Council tax is a local tax collected by local councils to fund essential public services like garbage collection, street maintenance, and local schools.

It is applicable to all residential properties, including rental properties. The responsibility for paying council tax is typically shared between landlords and tenants, depending on the type of rental agreement and the local council’s regulations.

Landlord’s Responsibility:
In most cases, landlords are responsible for paying council tax when the property is empty or unoccupied. This is usually the period between tenants or when the property is undergoing renovations.

During these vacant periods, landlords are required to notify the local council and may be eligible for a reduced rate, known as the “empty property discount.” It’s important to note that each local council might have its own rules regarding vacant property tax rates and discounts.

Read More - https://mydigitalstar.com/who-pays-the-council-tax-on-rental-property-explained

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  
Loading...