How much Isle of Wight Council tax will you pay?

The amount we pay for the Hampshire and Isle of Wight Police Crime Commissioner and the new Hampshire and Isle of Wight Fire and Rescue Authority (HIWFRA) will also increase.

So, with three rounds of tax increases approved, just how much will an Isle of Wight Council taxpayer pay?

In the current 2020/21 financial year, a Band C property pays £1,666.23 a year in overall council tax (excluding parish precepts). From April 1, Band C residents will pay £91.73 more for services, and a total of £1,757.96 which will be shared across fire, police and the council.

Total council tax

Overall, the levels of council tax you will pay is:

• Band A: £1,318.47
• Band B: £1,538.22
• Band C: £1,757.96
• Band D: £1,977.71
• Band E: £2,417.20
• Band F: £2,856,69
• Band G: £3,296.18
• Band H: £3,955.42

Those amounts will be broken down and shared out to the following parties:

Isle of Wight Council

Income from council tax represents almost 54 per cent of the council's total revenue funding and goes towards paying for services.

Included in the 4.99 per cent tax hike residents will face, three per cent will specifically go towards funding adult social care. As approved by the government earlier this year, the council could raise the amount anywhere up to three per cent and choose the full amount to cover funding pressures.

When you pay your council tax bill, from April 1, this is how much will stay with the council:

• Band A: £1,120.55
• Band B: £1,307.30
• Band C: £1,494.06
• Band D: £1,680.82
• Band E: £2,054.34
• Band F: £2,427.85
• Band G: £2,801.37
• Band H: £3,361.64

Hampshire Police and Crime Commissioner

In January, the police and crime panel agreed an increase in the policing precept of 7.1 per cent — meaning increases to payments will start at £10 a year for Band A, going up to £30 for those in Band H.

Of your total council tax bill, this is what you will pay towards the policing precept:

• Band A: £150.97 (+£10)
• Band B: £176.14 (+£11.67)
• Band C: £201.30 (+£13.33)
• Band D: £226.46 (+£15)
• Band E: £276.78 (+£18.33)
• Band F: £327.11 (+£21.67)
• Band G: £377.43 (+£25)
• Band H: £452.92 (+£30)

See what Hampshire Constabulary's Chief Constable Olivia Pinkney said about the increase.

Hampshire and Isle of Wight Fire and Rescue Authority

With the creation of the new fire authority, comes the creation of a new precept.

Until April, residents would have paid for the fire services through the lump sum of council tax that went to the council.

Now, the change means the Island is in line with Hampshire but Island residents face an additional cost to bring it up to base level in the first place and then the 1.99 per cent increase.

Altogether, for the HIWFRA, Island residents will pay:

• Band A: £46.95
• Band B: £54.78
• Band C: £62.60
• Band D: £70.43
• Band E: £86.08
• Band F: £101.73
• Band G: £117.38
• Band H: £140.86

Town and parish precepts

Another added item to your council tax bill will the town, parish and community council precepts you pay to fund local councils across the Island.

At the moment, precepts for local councils are still being approved by the Isle of Wight Council, so it is hard to know exactly how much you will pay.

In some local council areas, precept levels will stay the same as last year so you won't pay more. In others, local councils are proposing projects which will require more funding and have increased the precept.

For example, in East Cowes, Band D residents will pay an increase of £11.96 a year — or an extra £1 a month. The town council has approved finances to resurface the car park on the Esplanade.

The council tax base has also been resized this year, meaning in some areas where local council tax precepts may stay the same, residents may face an increase in what they pay due to fewer houses footing the bill.