"The extra funds for council bounty hunters will help to target Londoners seeking to dodge new premium council tax rates for second homes and firms that falsely claim charitable relief on their premises. London mayor Sir Sadiq is expected to receive more than 4bn in business rates income in 2026/27 from about 315,000 of the capital's businesses, plus 1.6bn in council tax from 3.8m London households."
"The row about increases in business rates has been caused by a Government revaluation of premises that has resulted in their rateable value a key figure used to calculate bills increase by an average of 22 per cent in London. City Hall has helped to fund council debt collection services since 2016. Last week Sir Sadiq authorised an increase in City Hall's contribution to the boroughs for these bounty hunters, from 11m to 11.4m in April, rising to 11.6 million in 2027-28 and 11.9 million in 2028-29."
Extra funds are being provided to borough council debt collectors to target Londoners who dodge new premium council tax rates for second homes and firms that falsely claim charitable relief. The mayor expects more than £4 billion in business rates income in 2026/27 from about 315,000 capital businesses, plus £1.6 billion in council tax from 3.8 million households. A government revaluation increased rateable values by an average of 22% in London. City Hall has funded council debt collection since 2016 and its contribution to boroughs will rise from £11m to £11.9m by 2028-29.
Read at www.standard.co.uk
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