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 price rises are forcing more and more people into rental accommodation, according to new findings.
Read Article ... Published on 6th March, 2014
The demand for rental properties in London has increased, according to new findings.
Read Article ... Published on 27th February, 2014
The price of property in London is set to soar - leaving millions of people unable to buy their own home.
Read Article ... Published on 26th February, 2014
Getting on the property ladder is proving costly for many people, according to new research.
Read Article ... Published on 10th February, 2014
Property prices are continuing to rise in the UK, with no signs that this is beginning to abate.
Read Article ... Published on 5th February, 2014
Rented accommodation is representing increasingly good value for money, according to new findings.
Read Article ... Published on 28th January, 2014
A constraint on property supply is pushing up house prices, according to new findings.
Read Article ... Published on 21st January, 2014
The private rental sector is set to grow this year as an increasing number of people are priced out of the mortgage market.
Read Article ... Published on 14th January, 2014
House prices in the UK have continued on an upward trend, according to new figures by the Nationwide Building Society.
Read Article ... Published on 9th January, 2014
House prices across England and Wales increased by an average of 3.2 per cent in the year to the end of November.
Read Article ... Published on 2nd January, 2014