Londoners will see their council tax bills fall in cash terms this year, while the rest of the country are set for below inflation rises.
The average charge for a B and D property is set to be 0.4% lower in the capital, compared to a bump of 0.8% elsewhere in England.
The figures were compiled by the Chartered Institute of Public Finance and Accountancy (CIPFA) after surveying local authorities.
The Replacement for Council Tax also comes into effect today. The schemes will provide support to those on low incomes, helping them pay their council tax bills, however central funding for new program has been cut by 10%
Bromley Council is among five boroughs which are reportedly planning to raise council tax next year.
The increases are understood to be just short of the 2% cap which would have required a public vote in the borough.
The other boroughs are Kingston-upon-Thames, Lewisham, Harrow and Croydon.
Essex County Council is to freeze its council tax for the third successive year. It means an average Band D property will be paying £1,086.75 per year.
The council also announced it's to spend £180 million on the county's roads over the next four years.
Under today’s budget agreement the Council will also:
- Launch a Local Authority Mortgage Scheme to help first-time buyers get onto the property ladder
- Spend £18 million on nearly 1,000 additional school places
- Spent £2 million on providing accommodation for vulnerable people
- Investing £7.7 million in improving broadband capacity
The budget also outlines the authority will make £55 million savings and efficiencies during 2013/2014. It will also ask the Boundary Commission to look at the authority to see if any additional savings can be made by reviewing the size of the council.
For more information on how the new council tax rates could affect you. Visit the Resolution Foundation website. Here you will find a download of their research which explains how you may be affected.
A woman from Haringey is already planning an appeal against a high court's ruling to uphold her local council's decision to make certain residents pay more of their council tax.
A single mother is set to take a council tax fight with her local authority to the Court of Appeal after failing in a High Court challenge.
The woman, who cannot be identified for legal reasons, says the London Borough of Haringey acted unlawfully when consulting on a council tax reduction scheme.
The court case comes after news that millions of the countries poorest household could face an increase in the amount of council tax they pay from April.
Independent researchers the Resolution Foundation found that some of them could end up paying an extra 20% of their full council tax bill, that before may have be subsidised by benefits.