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Our budget and how we spend Council Tax
Our budget. How we spend Council Tax on different services we run. Where the money we spend comes from.
How we work out Council Tax bands
To work out the tax for each band, we divide Southwark’s total Council Tax requirement by a number known as the Council Tax base.
This gives the Council Tax for band D. The other bands are calculated as a proportion of this.
For 2025 to 2026, band D is £1,387.52 which is £155,897,584 divided by 112,357 (Council Tax base).
How Southwark Council Tax is calculated
In 2025 to 2026 a band D charge will be £1,387.52 which is a £65.94 increase from the band D Council Tax charge in 2024-25 as shown in the table below.
Charge | £ |
---|---|
2024-25 band D charge | 1,321.58 |
Add 4.99% increase | 65.94 |
2025-26 band D charge | 1,387.52 |