You are here: Home > Housing > Council Tax > Council Tax Revaluation

Quick Links Quick Links Adult Education Committee Meeting Dates Council - Minutes, Agendas and Reports Council Tax Councillors Elections Events Job Vacancies Libraries Licensing Online Payments Planning Permission Refuse Collection Rubbish, Waste and Recycling School Directory School Term Dates Sports Clubs and Centres Torfaen Talks Van Permit Scheme

Council Tax Revaluation

Council Tax was introduced in 1993 with every dwelling (house, bungalow, flat etc) being placed in one of 8 Valuation Bands based on their value on the open market as at 1 April 1991.

 

The Welsh Assembly Government decided that in Wales, all dwellings should be revalued. The Valuation Office Agency (part of the Inland Revenue) is responsible for the revaluation and has brought bandings into line with changes in the property market. Properties were revalued as of 1 April 2003 and the new bands came into effect on 1 April 2005.

 

Valuation Bands for Wales

 

Band	Brands Prior to 31.03.05	New Bands from 01.04.05
A	Under £30,000	Under £44,000
B	£30,001 to £39,000	£44,001 to £65,000
C	£39,001 to £51,000	£65,001 to £91,000
D	£51,001 to £66,000	£91,001 to £123,000
E	£66,001 to £90,000	£123,001 to £162,000
F	£90,001 to £120,000	£162,001 to £223,000
G	£120,001 to £240,000	£223,001 to £324,000
H	£240,001 and above	£324,001 to £424,000
I		£424,001 and above

 

Transitional Arrangements

 

Transitional Arrangements were introduced by the National Assembly for Wales to smooth the effects of the Council Tax Revaluation. The scheme ran for 3 financial years from 01 April 2005. It limited liability for properties moving up the valuation banding system by two or more bands. It didn’t apply to dwellings prescribed in Classes A and B of the Council Tax (Prescribed Classes of Dwellings) Regulations i.e Second Homes.

 

The scheme was 100% funded by the National Assembly for Wales. The council reclaimed from the National Assembly for Wales the income it has forgone in operating the transitional arrangements scheme. In certain circumstances adjustments to the amount claimed by the council were made to take into account discounts and exemptions not covered by the transitional arrangements.

 

In summary, a transitional valuation band needed to be identified for a dwelling for each of the financial years commencing on 1st April 2005, 2006 and 2007.

 

To qualify for a transitional valuation band:

• The dwelling would qualify if it is on a valuation list on 31st March 2005 and is not a prescribed class A or B of the Council Tax (Prescribed Classes of Dwellings) (Wales) Regulation 1998 (SI 1998/105) i.e. second homes;
• A dwelling must have been the subject of two or more valuation band increases, and;
• The same person (or if more than one persons is liable, at least one of those persons) is liable in respect of the dwelling on 31st March and 1st April 2005 and continues to be liable for the transitional period, where such a person is not continually liable for the duration of the transitional period, a transitional valuation band shall only apply in respect of the period to which the person is liable.