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May 28, 2024 · Published Tuesday, 28 May, 2024. Research Briefing. Government. Local government. Public spending. Philip Brien. Local authorities in England spent £113.5 billion in 2022/23. This briefing looks at the funding that local authorities receive from central government, and where and how they spend it.
Mar 18, 2024 · The main total we present here is “core spending power”, a government estimate of the amount of money that local authorities have available to take decisions. This includes settlement funding (made up of Revenue Support Grant and retained business rates revenue), various other grants, and an estimate of the council tax that authorities ...
Most receipts come from three main sources: income tax, National Insurance contributions (NICs) and value added tax (VAT). Together they raised around £626 billion in 2023/24. Recent trends. Between 2007/08 and 2009/10 receipts fell by around 1% of GDP, following the financial crisis and recession of 2008 and 2009.
Mar 10, 2020 · The fall in spending power is largely because of reductions in central government grants. These grants were cut by 40% in real terms between 2009/10 and 2019/20, from £46.5bn to £28.0bn (2023/24 prices). This downward trend was reversed in 2020/21 and 2021/22 as central government made more grant funding available to local government in ...
Other ways to apply. You can also call or email the Valuation Office Agency (VOA) to challenge your Council Tax band if you cannot use the online service. Valuation Office Agency. ctinbox@voa.gov ...
Properties with a rateable value of £12,000 or less are exempt from business rates and those up to £15,000 are eligible for small business rates relief. There are other reliefs and exemptions, including an 80 per cent discount for properties used by charities. Currently local government, collectively retains half of the income from business ...
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Working out your Council Tax. You’ll need to know 3 things: You may be able to get Council Tax Reduction (this used to be called Council Tax Benefit) if you’re on a low income or get benefits ...
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