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
It is becoming cheaper to rent property across the UK, according to new findings.
Read Article ... Published on 21st October, 2014
The prime rental market is London is experiencing strong demand, new research has revealed.
Read Article ... Published on 13th October, 2014
Tenants who are renting privately in the UK are set to get a better and fairer deal under new announcements made by the government.
Read Article ... Published on 1st October, 2014
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