Give Mayor of London New Tax Powers to Fund Ambitious Projects Like Bakerloo Line Extension, Ministers Told

Give Mayor of London new tax powers to fund ambitious projects like Bakerloo Line extension, ministers told

The Mayor of London must be given powers to tax tourists and businesses’ payroll in a similar way to Paris in order to fund infrastructure projects in the city, a new report has argued. The French capital currently raises €7 billion annually via a dedicated transport tax which imposes a levy of up to three per cent on gross wages – effectively meaning employers have to pay the tax for every member of staff they employ in order to fund transport …

New mayoral tax powers needed to fund infrastructure in London, report argues

City Hall still has to ask the government for cash to help pay for new tube and rail upgrades, causing delays to big projects, reports Kumail Jaffer, Local Democracy Reporter The Docklands Light Railway (DLR) Mayor of London Sir Sadiq Khan must be given powers to tax tourists and businesses’ payroll in a similar way to Paris in order to fund infrastructure projects in the city, a new report has argued. The French capital currently raises €7billi…

Give Mayor new tax powers to fund projects like Bakerloo Line extension, ministers told - southlondon.co.uk

The Mayor of London must be given powers to tax tourists and businesses’ payroll in a similar way to Paris in order to fund infrastructure projects in the city, a new report has argued. The French capital currently raises €7 billion annually via a dedicated transport tax which imposes a levy of up to three