2 December 2024The government has issued their local government finance policy statement, which sets out government proposals for 2025 to 2026, alongside longer-term plans for funding reform.
It has been confirmed within the statement that, ‘There are no council tax referendum principles for mayoral combined authorities or town and parish councils’ for the upcoming financial year. This means that there is, again, no centrally imposed cap on the amount by which local council precepts in England may rise.
