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
In General:
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
| Year-Band | A | B | C | D | E | F | G | H |
|---|---|---|---|---|---|---|---|---|
| 2010/2011 | £634 | £739 | £845 | £950 | £1161 | £1373 | £1584 | £1901 |
| 2009/2010 | £629 | £733 | £838 | £943 | £1152 | £1362 | £1571 | £1886 |
| 2008/2009 | £616 | £718 | £821 | £923 | £1128 | £1334 | £1539 | £1847 |
| 2007/2008 | £600 | £700 | £800 | £900 | £1100 | £1300 | £1500 | £1801 |
| 2006/2007 | £574 | £669 | £765 | £861 | £1052 | £1243 | £1434 | £1721 |
City of London Comments
Property News for Borough
City of London: Cosmopolitan paradise
How to describe living in the City of London? Not the city as a whole - we're talking about the district here. To many, the very concept might seem alien. This is, after all, where more people travel to work than will ever live - around 300,000 suits commute in every day, mainly for the financial sector. Considering just 7,000 people live here, you might expect it to be a bit of a ghost town after everyone goes home, but this is far from the case. After dark and at weekends, the Square Mile remains a hive of excitement and a hub of activity. Read on to discover whether this fantastic location will suit you.
Read Article ... Published on 25th April, 2013
Code of Good Practice for City of London
The City of London Corporation (CLC) has announced that it will be introducing a new 'code of good practice' for premises permitted to serve alcohol that will see businesses rated by a traffic light system.
Read Article ... Published on 25th April, 2013
Maida Vale: Quiet yet central
One of the many attractive factors of living in London is the sheer variety of what's on offer. No matter your preferences, you're always likely to find something appealing, which makes house hunting a relatively pleasant experience.
Read Article ... Published on 26th March, 2013
London Bridge: Living on a landmark
Living in one of the crown jewels of central London doesn't come cheap, but if you can afford it, a homely abode in this thriving part of the city has its advantages. Good transport links, a great atmosphere and the bragging rights of living right next to a plethora of local landmarks, London Bridge has got it all.
Read Article ... Published on 19th March, 2013
London house prices up 3.6%
The London lettings market could see even greater demand from tenants as house purchase prices move further out of reach of most first-time buyers.
Read Article ... Published on 23rd January, 2013
London sees rise in property millionaires
With house prices in some of the capital's property hotspots continuing to rise as values across the rest of the country stagnate, it is hardly surprising that property to rent in London is in high demand.
Read Article ... Published on 8th January, 2013
Charity advocates the creation of a 600-mile cycle network in London
The creation of Cycle Superhighways and the launch of the Barclays Cycle Hire scheme has already boosted the appeal of London lettings in numerous parts of the capital.
Read Article ... Published on 14th December, 2012
London property prices up 7%
The cost of buying a home in London is higher than ever following a seven per cent increase in property prices in the capital over the last year.
Read Article ... Published on 29th November, 2012
Report tracks growth in London's million pound properties
Affordability has always been a major issue for those looking to buy properties in London, and now a new survey has shown that the problem may be getting even worse.
Read Article ... Published on 30th October, 2012
Crossrail to boost London property market by £5.5bn
Lettings in London could receive a major boost from the Crossrail project over the next nine years as significant investment takes place along the public transport route.
Read Article ... Published on 25th October, 2012
