Regional Mayors to Gain Share of Income Tax Under Devolution Plan
Mayors will gain new fiscal powers to fund transport, housing and skills, while an equalisation system will protect areas with weaker tax bases.
- Prime Minister Andy Burnham announced on Friday a major devolution plan granting regional mayors a share of income tax and business rates to drive local growth and investment.
- The shift aims to "end the Whitehall-first culture that has held back local areas for decades," according to Local Government Secretary Angela Rayner, by transferring financial power from Westminster to regional leaders.
- Local leaders gain authority over 16-19 funding and employment support, alongside "stronger planning powers" to "build more homes where they're needed and unlock stalled development sites," the Government promised.
- Mayor Kim McGuinness welcomed the pledge as "what we've been fighting for," while Lib Dem local government spokeswoman Zoe Franklin warned against creating a "two-tier system" for revenue access.
- Further details will appear in the Budget later this year, while mayors are scheduled to retain a share of locally-generated business rates from next spring, according to the Government.
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36 Articles
Lancashire to miss out on billions as new devolution powers need elected mayor
Prime Minister Andy Burnham has announced the largest change in local authority funding in over a decade — but the county will miss out on income tax retention powers due to its lack of an elected mayor
Haigh Insists Tory & Reform Mayors Won't be Allowed to Offer Tax Rebates In Devolution Scheme
Chancellor of the Duchy of Lancaster Louise Haigh has insisted that mayors won’t be able to offer tax rebates after receiving control over a part of income tax and business rate receipts collected in local areas. Devolution only goes one way… Haigh told Times Radio: “To my knowledge, Ben hasn’t developed a rebate scheme and…
Andy Burnham to give regional mayors share of income tax as rebel Labour MPs slam PM for 'locking out' areas
Andy Burnham is set to give all regional mayors a share of income tax revenue as part of his devolution plans to transfer power out of Westminster.Critics, including rebel Labour backbenchers, claim the plans risk "locking out" regions without mayoral figures and could lead to areas with weaker economies losing out on funding.The plans will allow mayors to keep some cash from business rates collected in their areas and gain greater control over …
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