Category Archives: Council tax

March’s debt and money news

posted by in Bankruptcy, Council tax, Debt, PPI Leave a comment

Welcome to this month’s debt and money news. As usual, a lot has been going on in the world of…well debt and money.

So, what’s on the round-up this time? Soon we’ll need a TV licence to watch ‘catch-up’ programmes on iPlayer, the FCA refuses authorisation to a debt management company, and the N244 application fee is set to rise.

Elsewhere, a report has highlighted that around four million children are living in fuel poverty, while the Competition and Markets Authority (CMA) announces plans to ‘shake up’ the energy industry.

Read on to find out more…

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“If I didn’t pay then the bailiffs would be sent”: Faye and Nick’s story

posted by in Bailiffs, Client stories, Council tax, Income shocks Leave a comment

Contrary to popular belief, most people don’t get into debt because they overspend or live beyond their means.

According to our recently released Statistics Yearbook 2014, the biggest cause of problem debt among our clients is unemployment. Just under a quarter of clients tell us it as the main reason for their debt, with a further 12.8% saying they got into debt after experiencing a drop in income.

These income shocks could happen to anyone. In May 2014, it happened to Nick and Faye* from Birmingham.

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March’s top debt and money news stories

posted by in Council tax, Debt, Economy 1 Comment

Debt news

March 2015 debt news

It’s been a busy month for debt news, not least the staggering 372% jump in council tax arrears our clients have seen over the last five years.

And in other news, unions have warned that wages have plummeted in Scotland over the last six years, at a rate not seen since the 19th century.

It’s not all doom and gloom, however. Her Majesty’s Revenue and Customs (HMRC) plans to scrap automatic fines of £100 for late tax returns, which will come as a relief for many self-employed people.

Read more in this month’s round up…

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Council tax arrears on the rise: Tell us your story

posted by in Council tax, Debt, Priority Household Bills 4 Comments

This week we launched our latest report on Council tax debt (PDF), which shows a worrying rising trend in the number of people getting in touch with us because they’re in Council tax arrears.

Back in 2010, 13,353 people who contacted us were in arrears to their council; by 2014 this number had risen to 63,016 – a staggering 372% increase.

The consequences of falling into Council tax arrears can be serious. Although councils can’t add charges and interest to Council tax arrears, they have a lot of power to make people pay.

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