Analysis Finds Devolved Tax Powers Could Add £4 Billion for Local Services

Analysis finds devolved tax powers could add £4 billion for local services

A report commissioned by county councils suggests fiscal devolution would boost growth and local government finances.

Devolve Tourist Taxes Government Urged - CLH News: Caterer, Licensee and Hotelier News - News for Pubs, Bars, Hotels and Restaurants

Share Post Share Email Devolving housing, income and tourism taxes to England’s counties could raise more than £4bn a year to invest in local services and supercharge economic growth, a new report reveals. The research from Grant Thornton UK, commissioned by the County Councils Network (CCN), argues that giving fiscal devolution powers to county and unitary councils across England could be ‘transformational’. T…

Fiscal devolution could raise £8.9bn a year

Fiscal devolution would enable local authorities to raise £8.9bn a year for local services, a report commissioned by the County Councils Network has found.

Fiscal devolution for counties on housing, income and tourism taxes ‘could raise £4.4bn a year’ – Room151

Devolving housing, income and tourism taxes to England’s counties could raise £4.4bn a year the research from Grant Thornton UK, which was commissioned by

New report calls for government to be ‘bold and ambitious on fiscal devolution’: local tax powers could unlock over £4bn per year - County Councils Network

Devolving housing, income and tourism taxes to England’s counties could raise more than £4bn a year to invest in local services and supercharge economic growth, a new report reveals. The research from Grant Thornton UK, commissioned by the County Councils Network (CCN), argues that giving fiscal devolution powers to county and unitary councils across England could be ‘transformational’. These would not take the form of tax rises but would instea…

Analysis finds devolved tax powers could add £4 billion for local services - Jersey Evening Post

Allowing councils to administer and retain taxes generated locally would boost funding for services by more than £4 billion in many areas and “supercharge” economic growth, a new analysis suggests. The report argues that new fiscal arrangements which enable authorities to a proportion of revenue from income tax, stamp duty and the apprenticeship levy alongside a new tourist tax could prove transformational and support the delivery of the Governm…