Property News · July 7, 2016

London is top taxpaying city in UK, report finds


Centre for Cities study says that London generates almost as much tax as the next 37 largest cities combinedLondon’s position as Britain’s number one taxpayer has grown since the financial crash, leaving the government more dependent on the capital for its tax income.A study by the thinktank Centre for Cities found that London generated almost as much tax as the next 37 largest cities combined and increased its share of “economy taxes” underpinning the Treasury’s finances to 30%, up five percentage points since 2004/5. Continue reading…

Source : theguardian.com
Read more…London is top taxpaying city in UK, report finds

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