Residents in Tower Hamlets have the chance to win \u00a325,000 if they sign up to pay their council tax by Direct Debit.
\nThe London-wide prize draw, run by Bacs Payment Schemes Limited (Bacs), the not-for-profit organisation behind Direct Debit, offers council tax payers a chance to win the life-changing sum.
\nSigning up to pay council tax by Direct Debit saves Tower Hamlets Council time on administration as well as thousands of pounds every year.
\nResidents who already pay their council tax by Direct Debit are still in with a chance of winning – all 16 participating councils automatically enter their current Direct Debit payers into the prize draw.
\nThere are already 40,000 households who currently pay their council tax by Direct Debit \u2013 out of a potential 90,000.
\nWhile a third of local authorities are proposing council tax rises this year, Tower Hamlets has frozen Council Tax for the fourth year running.
\nTower Hamlets Mayor, Lutfur Rahman said: \u201cThis initiative gives residents the chance to win a potentially life changing sum of money. I would like to see as many households as possible signed up to this opportunity.\u201d
\nCllr Alibor Choudhury, Cabinet member for Resources, said: \u201cI would urge residents to switch to Direct Debit. It can help people to budget, it\u2019s easy to sign up to \u2013 and it\u2019s a great opportunity to win a fantastic sum of money.
\n\u201cIt also means that the council saves money on bank charges, so that we can continue to focus on the provision of great services to residents.
\nIf residents already pay council tax by direct debit, they will automatically be entered into the prize draw.
\nFor more information, visit www.towerhamlets.gov.uk\/counciltax or call 020 7364 5002.<\/p>\n