Local Government Finance
February 25, 2002
Question written on 25/02/2002
To ask the Secretary of State for Transport, Local Government and the Regions if it is his policy that the revaluation of domestic properties for the purposes of council tax should be yield-neutral within each local authority.
Answered by Alan Whitehead
Revaluation will not affect the overall yield from council tax nationally, but yield in individual local authorities may go up or down. Central Government grant will take account of changes in authorities ‘local tax base’.