Council Tax

[Tom Haskins-Vaughan]

But surely it's only a monthly payment if you pay monthly by direct 
debit. You are liable for the full amount whether you pay a lump sum or 
monthly. Therefore, you incur a liability on the first of April each 
year. If you move house, you will be given a refund. That's how I'm 
seeing it.

Mike wrote:
> --- Jean-David Beyer <jdbeyer at exit109.com> wrote:
> 
>>I do not think of Liability as you do.
>>
>>For me, it is a known expense (e.g., for merchandise received, or services 
>>rendered) that need not be paid all at once in the near future (so is not 
>>accounts payable). An insurance bill that you may elect to pay all at 
>>once, but have the option to pay quarterly, might be a liability. You 
>>could argue that that is money you borrowed, but I would not.
>>
> 
> But I can always move out of my home or cancel my insurance. That still leaves
> it as a fixed monthly expense in my books. Having lived in other countries,
> I've found it's a UK peculiarity to make insurance and council tax conceptually
> a 'yearly' thing, even though it still remains a monthly payment.
> Cheers
> Mike
> 
> 
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