Council tax in Britain may need to rise by up to 5 percent a year for the next three years to keep services running and pay for social care reforms, an influential think tank has warned.
The Institute for Fiscal Studies (IFS) said that under current government spending plans, a rise of at least 3.6 percent on council tax bills will be needed per year just for town halls to keep services running at the levels seen before the COVID-19 pandemic.
