City of London
For specific information on this borough, or to contact individual departments please click here to visit their website.
City of London: http://www.cityoflondon.gov.uk
The London boroughs are administrative centres responsible for collecting local taxes (Council Tax and Business Rates) and then spending the funds received on local services. They are run by Borough Councils who are elected by borough residents on a four year cycle. The totals that they spend will depend on the rates of tax that they levy plus funds allocated from central government and other sources.
While many of the services (schools, roads, planning, rubbish collection and social services) are standard, levels of provision will vary according to the overall political will as expressed by the voters.
Your tax liability (as a resident) will be based on the council tax band of your home. These bands are set by Valuation Officers and there is scope for appeal. The rate bands are then used to determine the amounts of tax levied. So, while the bands will remain largely constant the levels of tax can go up and, in theory, down.
You may claim discounts or exemptions based on your circumstances. For example, as the only adult in a property you can get a 25% reduction on your bill. Other reductions are available for qualifying second adults and Council Tax Benefit claimants.
There is more information available at the HM Customs & Excise website.
City of London Council Tax
City of London Comments
Property News for Borough
Property purchase is a distant dream for many Brits, according to new findings.
Read Article ... Published on 22nd September, 2014
Demand for rental homes across the UK has increased, according to new research.
Read Article ... Published on 18th September, 2014
A new initiative is taking place across London to improve some of the estates that were the worst affected by the 2011 riots.
Read Article ... Published on 1st September, 2014
An increasing number of properties are becoming available for renters, according to new research.
Read Article ... Published on 28th August, 2014
Consumers are increasingly turning away from purchasing new property thanks to high prices and mortgage costs.
Read Article ... Published on 19th August, 2014
London is a highly sought-after area to live in and demand is on the rise, it has been reported.
Read Article ... Published on 28th July, 2014
The demand for rented property in London is at its highest ever levels, according to new findings.
Read Article ... Published on 22nd July, 2014
Over £310 million has been pumped into a regeneration project in Camberley, Surrey it has been revealed.
Read Article ... Published on 17th July, 2014
Multi-million pound regeneration plans are set to breathe new life into Surrey, it has been revealed.
Read Article ... Published on 15th July, 2014
Mortgages are becoming more and more unaffordable for Londoners, according to new findings. A report published by Nationwide revealed that all regions in the UK saw annual price rises in the second quarter of this year.
Read Article ... Published on 8th July, 2014